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SoftBank Group Corp (9984.T)

9984.T on Tokyo Stock Exchange

4,690JPY
17 Sep 2019
Change (% chg)

¥-147 (-3.04%)
Prev Close
¥4,837
Open
¥4,700
Day's High
¥4,740
Day's Low
¥4,596
Volume
17,723,100
Avg. Vol
12,744,240
52-wk High
¥6,045
52-wk Low
¥3,402

Latest Key Developments (Source: Significant Developments)

The We Company Says It Expects IPO To Be Completed By End Of Year
8:27am IST 

Sept 16 (Reuters) - :STATEMENT FROM THE WE COMPANY.WE COMPANY SAYS IS LOOKING FORWARD TO UPCOMING IPO, WHICH WE EXPECT TO BE COMPLETED BY END OF YEAR.  Full Article

The We Company's IPO Likely Delayed Until Oct At Earliest -CNBC, Citing Dow Jones
3:37am IST 

Sept 16 (Reuters) - :THE WE COMPANY'S IPO LIKELY DELAYED UNTIL OCTOBER AT EARLIEST -CNBC, CITING DOW JONES.  Full Article

Vivint Smart Home And Mosaic Acquisition Corp Announce Merger Agreement
Monday, 16 Sep 2019 

Sept 16 (Reuters) - Mosaic Acquisition Corp ::VIVINT SMART HOME AND MOSAIC ACQUISITION CORP. (NYSE: MOSC) ANNOUNCE MERGER AGREEMENT, CREATING A LEADING SMART HOME PUBLIC COMPANY.MOSAIC ACQUISITION CORP - AGREED INITIAL ENTERPRISE VALUE OF $5.6 BILLION.MOSAIC ACQUISITION CORP - VIVINT IS ANTICIPATED TO HAVE REVENUES OF $1.3 BILLION FOR FISCAL YEAR 2020E AND ADJUSTED EBITDA OF $530 MILLION.MOSAIC ACQUISITION CORP - AFFILIATES OF FORTRESS INVESTMENT GROUP LLC TO INVEST ADDITIONAL $125 MILLION IN CASH AT A PRICE OF $10.00 PER SHARE.MOSAIC ACQUISITION CORP - EXISTING INVESTORS IN VIVINT TO REMAIN 100% INVESTED, ROLLING OVER $2.3 BILLION IN EQUITY.MOSAIC ACQUISITION CORP - BOARDS OF DIRECTORS OF BOTH VIVINT AND MOSAIC HAVE UNANIMOUSLY APPROVED PROPOSED TRANSACTION.MOSAIC ACQUISITION CORP - BLACKSTONE TO INVEST $100 MILLION IN CASH, AT A PRICE OF $10.00 PER SHARE.MOSAIC ACQUISITION CORP - MOSAIC WILL APPLY TO LIST SHARES OF ITS COMMON STOCK BEING ISSUED IN CONNECTION WITH MERGER ON NYSE.MOSAIC ACQUISITION CORP - FOLLOWING MERGER, MOSAIC WILL BE RENAMED "VIVINT SMART HOME, INC.".MOSAIC ACQUISITION - VIVINT WILL CONTINUE TO BE LED BY CHIEF EXECUTIVE OFFICER TODD PEDERSEN AND CHIEF FINANCIAL OFFICER MARK DAVIES.MOSAIC ACQUISITION CORP - INTENDS TO USE PROCEEDS FROM TRANSACTION TO IMMEDIATELY PAY DOWN DEBT.MOSAIC ACQUISITION CORP - ALL EXISTING VIVINT DIRECTORS WILL SERVE ON BOARD OF DIRECTORS OF COMBINED CO.  Full Article

Softbank To Buy At Least $750 Mln Of WeWork Parent Shares In IPO -WSJ
Saturday, 14 Sep 2019 

Sept 13 (Reuters) - :SOFTBANK TO BUY AT LEAST $750 MILLION OF WEWORK PARENT SHARES IN IPO -WSJ.SOFTBANK, BIGGEST INVESTOR IN THE WE COMPANY , WOULD END UP WITH 25% OR MORE OF SHARES SOLD IN OFFERING THAT IS EXPECTED TO RAISE AT LEAST $3 BILLION-WSJ.  Full Article

We Co Applies To List Its Class A Common Stock On Nasdaq
Friday, 13 Sep 2019 

Sept 13 (Reuters) - The We Company::THE WE COMPANY SAYS HAS APPLIED TO LIST ITS CLASS A COMMON STOCK ON NASDAQ.THE WE COMPANY SAYS WILL APPOINT A LEAD INDEPENDENT DIRECTOR BY THE END OF THE YEAR - SEC FILING.THE WE COMPANY - NO MEMBER OF ADAM NEUMANN'S FAMILY WILL SIT ON CO'S BOARD.THE WE COMPANY - ANY CHIEF EXECUTIVE OFFICER WHO SUCCEEDS ADAM NEUMANN WILL BE SELECTED BY OUR BOARD OF DIRECTORS, ACTING AS A GROUP.THE WE COMPANY SAYS ADAM NEUMANN TO GIVE TO CO ANY PROFITS HE RECEIVES FROM REAL ESTATE TRANSACTIONS HE HAS ENTERED INTO WITH CO.THE WE COMPANY - ADAM NEUMANN TO ALSO LIMIT HIS ABILITY TO SELL IN EACH OF SECOND & THIRD YRS FOLLOWING IPO TO NO MORE THAN 10% OF HIS SHAREHOLDINGS.THE WE COMPANY SAYS WILL MAINTAIN A BOARD CONSISTING OF A MAJORITY OF INDEPENDENT DIRECTORS.THE WE COMPANY - OUR HIGH-VOTE STOCK WILL DECREASE FROM 20 VOTES PER SHARE TO 10 VOTES PER SHARE.  Full Article

Wework To List Shares On Nasdaq, Make Governance Changes - WSJ
Friday, 13 Sep 2019 

Sept 13 (Reuters) - :WEWORK TO LIST SHARES ON NASDAQ, MAKE GOVERNANCE CHANGES - WSJ.WEWORK TO BEGIN OFFICIALLY MARKETING SHARES TO INVESTORS NEXT WEEK AHEAD OF A TRADING DEBUT THE WEEK OF SEPT. 23 - WSJ.  Full Article

Zozo founder Maezawa says he was too top-down, time for new CEO
Thursday, 12 Sep 2019 

Sept 12 (Reuters) - ZOZO Inc <3092.T>::ZOZO FOUNDER MAEZAWA SAYS HIS MANAGEMENT STYLE WAS TOO TOP-DOWN, TIME RIGHT FOR NEW CEO.FOUNDER OF JAPAN'S ZOZO SAYS WANTS TO FOCUS ON PREPARING FOR SPACE TRIP, EVENTUALLY START NEW COMPANY AFTER YAHOO JAPAN DEAL.SOFTBANK'S SON SAYS ZOZO FOUNDER MAEZAWA SOUGHT HIS ADVICE ON WANTING TO STEP BACK FROM COMPANY, SON HELPED FACILITATE YAHOO DEAL.  Full Article

Unizo Says has agreed to Fortress offer
Friday, 16 Aug 2019 

Aug 16 (Reuters) - SoftBank Group Corp <9984.T>::UNIZO SAYS HAS RECEIVED TENDER OFFER FROM FORTRESS GROUP FOR 4,000 YEN PER SHARE.UNIZO SAYS FORTRESS OFFER IS MORE ATTRACTIVE THAN THAT OF HIS.FORTRESS HAS OFFERED TO BUY ALL UNIZO SHARES AND AT LEAST A 66.67 PERCENT STAKE.UNIZO SAYS FORTRESS OFFER RUNS FROM AUG 19 TO OCT 1.UNIZON SAYS FORTRESS OFFFER WOULD MEAN CANCELLEING OF HALF-YEAR AND FULL-YEAR DIVIDENDS.UNIZO SAYS~ HAS AGREED TO FORTRESS OFFER.  Full Article

C2fo Raises $200 Million Led By Softbank Vision Fund
Wednesday, 7 Aug 2019 

Aug 7 (Reuters) - SoftBank Group Corp <9984.T>::C2FO RAISES $200 MILLION LED BY SOFTBANK VISION FUND.C2FO - ADDITIONAL PARTICIPATION FROM EXISTING INVESTORS TEMASEK AND UNION SQUARE VENTURES IN FUNDING ROUND.C2FO - NAHOKO HOSHINO WILL JOIN C2FO BOARD OF DIRECTORS ON BEHALF OF SOFTBANK INVESTMENT ADVISERS..  Full Article

Wework Is In Talks To Acquire Start-Up SpaceIQ As It Pushes Into Software Ahead Of IPO - CNBC
Wednesday, 31 Jul 2019 

July 30 (Reuters) - :WEWORK IS IN TALKS TO ACQUIRE START-UP SPACEIQ AS IT PUSHES INTO SOFTWARE AHEAD OF IPO - CNBC.  Full Article

REFILE-Car leasing app Fair raises $500 mln loan from Mizuho, Softbank

Sept 17 Car leasing startup Fair said on Tuesday it had raised $500 million in loans from a group of creditors, including Mizuho Bank and Japan's SoftBank Group Corp , as it looks to expand its leasing services to Uber drivers.