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

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

FILE PHOTO: A man talks on the phone as he stands in front of an advertising poster of the SoftBank telecommunications company in Tokyo October 16, 2015. REUTERS/Thomas Peter/File Photo

Swiss Re said it is in talks to sell a minority stake to SoftBank Group in a deal that could be worth $10 billion or more and would mark Japanese company’s biggest move yet into financial services.

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