SoftBank Hires Nomura and Goldman on Yahoo Japan Deal

Photographer: Akio Kon/Bloomberg
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Nomura Holdings Inc. and Goldman Sachs Group Inc. are advising Masayoshi Son’s businesses on their deal to shift ownership of Yahoo Japan Corp. within his SoftBank empire, people with knowledge of the matter said.

SoftBank Corp. hired Nomura to advise on the transaction, which will make the mobile operator the largest shareholder in Yahoo Japan, according to the people, who asked not to be identified because the matter is private. Goldman Sachs is working with parent SoftBank Group Corp. on the sale of its stake in Japan’s most-visited web portal, the people said.