Friday, September 18, 2020

SoftBank Group to sell US cellphone distributor Brightstar in latest asset sale

SoftBank Group Corp said on Friday it would sell U.S. cellphone distributor Brightstar Global Group for an undisclosed price, marking the latest asset sale by the Japanese conglomerate to fund a record stock buyback and raise cash.

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Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...