Super large share swap in the telecommunications industry

$DEUTSCHE TELEKOM (DTEGY.US)$ $T-Mobile US (TMUS.US)$ $SoftBank Group (ADR) (SFTBY.US)$
Deutsche Telekom increases its holdings of T-Mobile in the United States, and SoftBank becomes the third largest shareholder

SoftBank will exchange its 45 million US shares of T-Mobile for 225 million additional shares of Deutsche Telekom. Deutsche Telekom will also spend US$2.4 billion to purchase 20 million shares. After the transaction is completed, Deutsche Telekom's shareholding ratio, which is already a major shareholder of T-Mobile in the United States, will rise to 48.8%. Softbank's Japanese stocks soared nearly 10% on Tuesday