The firm has been looking for people to expand its investment business. The group will be separate from SoftBank’s $100 billion Vision Fund, though
The investment firm will target hotels, onsen spas, office buildings, data centers and condominiums throughout the country.
The Japanese company runs 27 oyster bars throughout Japan, harvesting wild shellfish and cultivating its own oysters.
North Asian buyout firm MBK Partners and Marunouchi Capital were also shortlisted to proceed to the next round of bidding.
The hiring is the latest move by Masayoshi Son to transform SoftBank into a technology-focused investor with initiatives such as the near-$100 billion
IPOs & Markets
The shares of SoftBank Group Corp.’s Japanese telecom business fell at the start of trading after Masayoshi Son raised more than $20 billion in an i
Foreign investors sought more than three times as many shares than were for sale, while Japanese institutional demand reflected a bid-to-cover ratio o
Including an over allotment of about 160 million shares, SoftBank is selling a total of roughly 1.76 billion shares in the telecoms business.
The issuer’s strong brand, high dividend payout, and a plan to split the lots to make the shares accessible to more people, helped to fuel demand.
The investment is part of a renewed push by Goldman Sachs to seek out and back potential Japanese unicorns that can compete globally with their techno
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