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SoftBank Trims InMobi Stake as Founders Regain Control Ahead of IPO

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SoftBank Trims InMobi Stake as Founders Regain Control Ahead of IPO
SoftBank has pared its stake in InMobi, India’s first unicorn, through a $250 million buyback deal. The move reduces its holding from over 30% to below 10%, while InMobi’s founders boost their stake to nearly 60%. The reshuffle comes as the adtech firm prepares for a potential India listing.
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