Search Results for:Sam Nussey

Japan’s SoftBank shares plunge 8% as Saudi ties turn investors wary

The company last year raised more than $93 billion for its Vision Fund, of which $45 billion came from Saudi Arabia.

Japan’s FamilyMart in talks to fully divest Uny unit stake to Don Quijote

It may also be considering an investment of around 20 percent in Don Quijote.

SoftBank to raise $100b fund every 2-3 years, spend $50b annually

SoftBank Vision Fund’s largest investments to date are in companies including Uber and WeWork.

SoftBank’s Q1 profit soars 49% on the back of Flipkart divestment

The telecoms and technology firm’s profit was also bolstered by the sale of the majority of chip designer ARM Holding’s Chinese operations to a local consortium.

SoftBank to partner Paytm for launching digital payments service in Japan 

SoftBank said the service will be launched in autumn through a joint venture with Yahoo Japan Corp.

Japan’s Takeda to sell Osaka headquarters, could raise $542m

The move comes amid concerns over Takeda’s finances due to its $62 billion deal to buy London-listed Shire Plc.

Japan’s Uzabase to buy news site Quartz from Atlantic Media in up to $100m deal

The overseas expansion is the latest by a Japanese media company. In 2015, Japanese media group Nikkei agreed to buy Britain’s Financial Times for $1.3 billion.

SoftBank’s Son to go unicorn hunting as company shifts focus

Son says he spent 97% of his time on managing the telecoms business and only 3% on investing.

Japanese app operator Mercari jumps 77% on market debut

The stock debut underscores strong investor appetite for a rare Japanese unicorn bent on U.S. expansion.

Japan’s SoftBank to invest up to $100b in Indian solar power projects

The company is expected to make the investment through a fund backed by Saudi Arabia’s government.