Nikesh Arora, president of SoftBank, has said he will buy a breathtaking Y60bn ($483m) worth of shares in the Japanese telecoms and internet group, in a sign of his commitment to the company as the handpicked successor to billionaire Masayoshi Son.
Mr Arora’s “personal bet” comes
just months after Mr Son, who founded the group, promoted the India-born former Google executive to the company’s No 2 position and anointed him heir apparent.
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