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Softbank Group sells mobile distribution firm Brightstar

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Softbank Group is selling mobile distributor and lifecycle management firm Brightstar as part of the former’s recent sale of assets.

No financial terms have been disclosed for the sale to Brightstar Capital Partners (BCP), a private equity firm headed by a former chief operating officer of Brightstar but unrelated to the company, other than that it has been sold for cash and a 25 per cent stake in the new subsidiary.



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