Softbank today announced it would early-terminate pre-paid forwards (hedges against 242mm BABA ADRs). This has accounting effects. And index implications. But if you see Softie as holdco, no news.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.