SoftBank Plans to Seek Buyers for About $20 Billion of its T-Mobile Shares

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SoftBank Group Corp. plans to seek buyers for about $20 billion of its shares in T-Mobile US Inc. as the Japanese technology conglomerate takes steps to pare a yearslong investment in the U.S. mobile-phone sector.

Banks including Morgan Stanley and Goldman Sachs Group Inc. are working to round up investors for what would be one of the largest stock trades in market history, according to people familiar with the matter.

SoftBank…



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