Search Results for:Sam Nussey

SoftBank’s Son says second Vision Fund to be rolled out in ‘near future’

Son said the new fund could see a return of investors in the original Vision Fund, which include the sovereign wealth funds of Saudi Arabia and Abu Dhabi, Apple Inc and Hon Hai Precision Industry Co Ltd (Foxconn).

SoftBank to transfer $12.9b ride-sharing stakes to its Vision Fund

The move would provide the fund’s investors significant exposure to the ride-sharing industry, which is being shaken up by consolidation in which SoftBank is playing a role.

Japan’s Takeda to buy drugmaker Shire in landmark $62b deal

The final deal is approximately 46 percent cash and 54 percent stock, leaving Shire shareholders owning around half of the combined group.

SoftBank, Yahoo, Aeon to launch online retail biz in Japan: Report

This is the latest tie-up between companies in Japan looking to bolster their online offerings in the face of competition from Amazon. In January, Walmart and Rakuten said they would launch an online grocery delivery service.

China’s Didi, SoftBank plan to launch taxi service venture in Japan

SoftBank is an existing investor in Didi, which raised $4 billion to fund its global push in December.

SoftBank in talks to buy $10b minority stake in reinsurer Swiss Re

Such a deal would make SoftBank the largest investor in the reinsurance group.

Japan’s SoftBank to acquire majority stake in Line’s mobile unit

Line said SoftBank would hold a 51% stake in the mobile business after the issuance of new shares, with Line holding the remaining 49%.

Walmart ties up with Rakuten to launch online grocery delivery in Japan

Walmart’s leadership is looking for new ways to grow its international business, which is no longer the growth engine it once was,

SoftBank looks to raise more debt using ARM, Uber stakes: Report

The new funds would be in addition to billions of dollars which SoftBank has access to through the Vision Fund.

Uber execs travel world to reassure regulators after controversies

Uber disclosed that it covered up a 2016 data breach which compromised data of some 57 million customers and drivers.