Who reported the news about NTT's deal with NTT Docomo?
NTT to Buy Out Docomo for $40 Billion in Biggest Japan Offer
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The transcript discusses NTT's plan to privatize its mobile subsidiary, NTT Docomo, marking Japan's largest deal. NTT intends to borrow 4.3 trillion yen to finance the buyout, with the tender offer starting on September 30. The move follows pressure on mobile profit margins by Prime Minister Suga. Analysts from Smart Karma, Jefferies, and City suggest the deal could negatively impact competitors like KDDI and SoftBank.
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When is the tender offer for the buyout scheduled to start?
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