Tag: Björn Zethraeus

Softbank buys 10.1% stake in Swedish firm Sinch

Cloud computing services provider, Sinch, has announced that Softbank-owned SB Management has bought a 10.1% stake in the company.  Sinch said in a statement it had issued 3.2 million new shares at a subscription price of 1.050 crowns per share, a 6.6% discount to Monday’s closing price, raising about 3.3 billion Swedish crowns ($386 million)…