SoftBank in talks with Mizuho, other Japan banks for $2.8b loan

SoftBank in talks with Mizuho, other Japan banks for $2.8b loan

FILE PHOTO: Japan's SoftBank Group Corp Chief Executive Masayoshi Son attends a news conference in Tokyo, Japan, November 5, 2018. REUTERS/Kim Kyung-Hoon/File Photo

SoftBank Group is in talks to receive about 300 billion yen ($2.76 billion) in financing from Japan’s leading banks, Nikkei has learned, as the company scrambles to fund a turnaround at coworking startup WeWork.

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