Softbank

SoftBank likely to funnel $1 billion more into WeWork after delayed IPO: FT

Fri, 27 Sep 2019 - 10:47 GMT

SoftBank and its Saudi-backed Vision Fund are WeWork’s biggest backers and have already funneled more than $10 billon into the U.S. company.

SoftBank to pump second Vision Fund with proceeds from the first -source

Tue, 30 Jul 2019 - 09:34 GMT

SoftBank Group Corp plans to use proceeds from its first Vision Fund to bankroll the $38 billion it has committed to the second, a source said.

SoftBank's blockbuster IPO reaches $23.5B after extra share sale

Mon, 10 Dec 2018 - 09:50 GMT

That makes the share sale one of the largest of all time globally, just shy of the record $25 billion that Chinese e-commerce firm Alibaba Group Holding Ltd (BABA.N) raised in 2014.

SoftBank mobile services disrupted ahead of bumper IPO, shares drop

Thu, 06 Dec 2018 - 09:14 GMT

SoftBank will set a final offering price on Dec. 10 with shares set to begin trading on Dec. 19.

SoftBank to move ride-hailing stakes worth $20B to Vision Fund

Wed, 25 Apr 2018 - 07:50 GMT

SoftBank’s stakes in Uber, China’s Didi, Brazil’s 99, India’s Ola and Singapore’s Grab could be transferred into the fund within months, Financial Times reported.

SoftBank Vision Fund, Saudi Arabia to create world's biggest solar power firm

Wed, 28 Mar 2018 - 08:12 GMT

SoftBank Group Corp’s (9984.T) Vision Fund will invest in creating the world’s biggest solar power project in Saudi Arabia.

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

Wed, 24 Jan 2018 - 10:15 GMT

Japan’s SoftBank Group is in talks with banks to raise as much as $5 billion in new debt by using its UK unit ARM Holdings as collateral.

SoftBank to invest up to $25 billion in Saudi Arabia: Bloomberg

Thu, 16 Nov 2017 - 08:44 GMT

Japan’s SoftBank Group Corp (9984.T) plans to invest as much as $25 billion in Saudi Arabia over the next three to four years, Bloomberg reported on Wednesday.

SoftBank says considering investment in Uber but no final agreement reached

Tue, 14 Nov 2017 - 08:36 GMT

Japan’s SoftBank Group Corp (9984.T) said on Tuesday it was considering investing in Uber Technologies Inc.

SoftBank, Deutsche Telekom hit wall in Sprint, T-Mobile talks: sources

Tue, 31 Oct 2017 - 12:37 GMT

SoftBank Group Corp and Deutsche Telekom AG have reached an impasse in their talks.

SoftBank to work with Saudi Arabia on new city

Tue, 24 Oct 2017 - 01:22 GMT

SoftBank Group Corp will work with Saudi Arabia on the development of "Neom", a new business and industrial city announced on Tuesday.

SoftBank's Vision Fund considers $500 million investment in ZhongAn IPO: IFR

Thu, 14 Sep 2017 - 09:42 GMT

SoftBank Vision Fund, the world’s largest private equity fund, is considering a $500 million investment in the Hong Kong initial public offering of ZhongAn Online.

Saudi sovereign fund, Softbank plan robotic initiative

Thu, 07 Sep 2017 - 07:58 GMT

Saudi Arabia’s main sovereign wealth investment fund and Japan’s Softbank Group plan to jointly study how robots can be used more effectively in government.

Toyota joins Grab's $2.5B fund raising, unveils tie-up

Wed, 30 Aug 2017 - 08:38 GMT

Toyota Motor Corp’s trading arm became the latest participant in ride-hailing firm Grab’s current financing round that is expected to raise $2.5 billion.

SoftBank logs dive in quarterly net profit after Alibaba sale

Mon, 07 Aug 2017 - 10:13 GMT

SoftBank said Monday its quarterly net profit plunged after booking a big gain from the sale of part of its stake in Chinese e-commerce firm Alibaba a year ago.

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