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SEC Filing Shows SoftBank Initiates Stake in Capital One, Sells 71.5% of Taiwan Semi Holdings

3-line summary

  • SoftBank Group disclosed a new stake in Capital One and revealed it sold 71.5% of its Taiwan Semiconductor Manufacturing holdings during the second quarter, according to SEC filings cited by a Reuters report via Yahoo Finance.
  • SoftBank acquired 276,811 Capital One shares valued at $55.5 million as of June 30, while selling 1.4 million TSMC shares for $269.8 million during the same quarter.

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