The SoftBank Group Corp. logo is displayed inside the lobby of a building which houses the company’s headquarters in Tokyo, Japan. (Photographer: Kiyoshi Ota/Bloomberg )

SoftBank Gets $11 Billion From Selling Just Part of Its Huge Alibaba Stake

(Bloomberg) -- SoftBank Group Corp. will book a pretax profit of 1.2 trillion yen ($11.1 billion) for selling part of its stake in Chinese e-commerce leader Alibaba Group Holding Ltd., completing a...