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SoftBank Group Corp (9984.T)

9984.T on Tokyo Stock Exchange

8,287JPY
23 May 2018
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Wed, May 23 2018

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SoftBank to sell Flipkart stake to Walmart, first known Vision Fund divestment

TOKYO SoftBank Group Corp said on Wednesday it is selling its roughly 20 percent stake in Indian e-commerce firm Flipkart [IPO-FLPK.N] to Walmart Inc , the first public divestment by its Vision Fund.

SoftBank to sell Flipkart stake to Walmart, first known Vision Fund divestment

TOKYO SoftBank Group Corp said on Wednesday it is selling its roughly 20 percent stake in Indian e-commerce firm Flipkart to Walmart Inc, the first public divestment by its Vision Fund.

UPDATE 1-SoftBank to sell Flipkart stake to Walmart, first known Vision Fund divestment

* Value of SoftBank's investment up 60 pct in less than a year (Adds details of SoftBank's investment strategy)

MEDIA-SoftBank exploring investment in India's Zomato - Economic Times

- Note: Reuters has not verified this story and does not vouch for its accuracy

SoftBank's Son says new Vision Fund to be set up in 'near future'

TOKYO SoftBank Group Corp Chief Executive Masayoshi Son, founder of the world's largest private equity fund, said on Tuesday a second Vision Fund would be set up in the near future, with funds from investors in the first venture or institutions.

UPDATE 2-SoftBank's Son says new Vision Fund to be set up in "near future"

* Institutional investors also showing interest (Adds comment)

Japan's SoftBank to open Saudi Arabian office -sources

RIYADH/DUBAI, May 15 SoftBank is planning to open a Saudi Arabian office, two sources familiar with the matter told Reuters on Tuesday, further strengthening its ties with the kingdom.

SoftBank's Son says new Vision Fund to be set up in "near future"

TOKYO, May 15 SoftBank Group Corp Chief Executive Masayoshi Son said on Tuesday a second Vision Fund would be set up in the near future, adding that investment for the new fund could come from investors in the first fund or from institutional investors.

SoftBank, PIF in early funding talks with banks on huge solar project - sources

DUBAI SoftBank Group Corp and Saudi Arabia's Public Investment Fund are in early talks with banks about potential funding for a multi-billion dollar solar power project planned in the kingdom, say sources familiar with the matter.

SoftBank, PIF in early funding talks with banks on huge solar project -sources

DUBAI, May 14 SoftBank Group Corp and Saudi Arabia's Public Investment Fund are in early talks with banks about potential funding for a multi-billion dollar solar power project planned in the kingdom, say sources familiar with the matter. The talks follow an agreement, signed and announced in March, between PIF and SoftBank to create the New Solar Energy Plan 2030, the world's largest project of its type.

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