SoftBank Plans Public Listing
Quote from Ndubuisi Ekekwe on May 3, 2019, 5:26 PMSoftBank plans going public. This makes sense in this age where stock market is booming. If it decides to make it work, it will be a huge deal for the market.
SoftBank Group Corp. is considering audacious fundraising plans, including a public offering of its $100 billion investment fund and the launch of a second fund of at least that size, as it looks to seize on an exploding startup scene, people familiar with the matter said.
More immediately, SoftBank is negotiating with the sultanate of Oman for an investment of $1 billion or more in its existing $100 billion Vision Fund, which raised nearly all its cash from Saudi Arabia and Abu Dhabi, the people said.
SoftBank plans going public. This makes sense in this age where stock market is booming. If it decides to make it work, it will be a huge deal for the market.
SoftBank Group Corp. is considering audacious fundraising plans, including a public offering of its $100 billion investment fund and the launch of a second fund of at least that size, as it looks to seize on an exploding startup scene, people familiar with the matter said.
More immediately, SoftBank is negotiating with the sultanate of Oman for an investment of $1 billion or more in its existing $100 billion Vision Fund, which raised nearly all its cash from Saudi Arabia and Abu Dhabi, the people said.