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Press Releases 2006

Vodafone K.K. became a wholly-owned subsidiary of BB Mobile Corp.

Aug. 15, 2006

SOFTBANK CORP. (“SOFTBANK”) announced that its wholly-owned subsidiary BB Mobile Corp. (Head office: Minato-ku, Tokyo; Representative; Masayoshi Son; hereinafter “BBM”) and its subsidiary Vodafone K.K. (Head office: Minato-ku, Tokyo; Representative: Masayoshi Son; hereinafter “VKK”) today completed the share exchange which had been carried out in accordance with Share Exchange Agreement concluded on July 4, 2006.

As a result of the completion of the share exchange, all of VKK shares owned by shareholders except BBM were transferred to BBM. In accordance with the share exchange, cash delivery shall be made by BBM to VKK’s shareholders in lieu of the issuance of shares.

  • *The information is true and accurate at the time of publication.
    Price, specification, contact and other information of products and service may be subjected to change. The information contains certain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements.