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SoftBank is reportedly looking to raise $10 billion to support startups reeling from the coronavirus outbreak — and some might not have enough cash to survive more than a year (SFTBY)

Reuters SoftBank ai.....»»

Category: topSource: businessinsiderMar 19th, 2020

JD.Com"s logistics unit taps banks for potential $8-$10 billion IPO: sources

The logistics unit of Chinese e-commerce company JD.com Inc has held early discussions with banks about a potential overseas IPO that could raise $8 billion to $10 billion, two people with direct knowledge of the matter told Reuters......»»

Category: topSource: reutersDec 23rd, 2019

The Wall Street Journal: SoftBank part of $1 billion investment in India mobile-payments startup Paytm

The parent company of popular Indian mobile-payments startup Paytm said it has secured $1 billion in fresh funds from Japan’s SoftBank Group Corp. and China’s Ant Financial Services Group, giving it more firepower in a fast-growing but crowded market......»»

Category: topSource: marketwatchNov 24th, 2019

Apple, Intel file antitrust case vs SoftBank-owned firm over patent practices

Apple Inc and Intel Corp on Wednesday filed an antitrust lawsuit against Fortress Investment Group, alleging the SoftBank Group Corp unit stockpiled patents to hold up tech firms with lawsuits demanding as much as $5.1 billion......»»

Category: topSource: reutersNov 21st, 2019

Apple, Intel file antitrust case against SoftBank-owned firm over patent practices

Apple Inc and Intel Corp on Wednesday filed an antitrust lawsuit against Fortress Investment Group, alleging the SoftBank Group Corp unit stockpiled patents to hold up tech firms with lawsuits demanding as much as $5.1 billion......»»

Category: topSource: reutersNov 20th, 2019

SoftBank to create $30 billion tech giant

Japan’s SoftBank Corp plans to merge internet unit Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech giant, as it bags struggling internet companies to bulk up against rivals. Francis Maguire reports......»»

Category: videoSource: reutersNov 18th, 2019

SoftBank to create $30 billion tech giant with Yahoo Japan, Line Corp merger

Japan's SoftBank Corp plans to merge internet unit Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech giant, as it bags struggling internet companies to bulk up against rivals like Rakuten Inc ......»»

Category: topSource: reutersNov 17th, 2019

Burger King"s India unit looks to raise 4 billion rupees in IPO

The I.....»»

Category: topSource: reutersNov 4th, 2019

Exclusive: Thai Siam Cement"s packaging unit set for $1 billion IPO - sources

Thailand's Siam Cement Pcl's (SCG) packaging subsidiary is planning a local listing, in a float that is set to raise about $1 billion, two sources with knowledge of the matter said......»»

Category: topSource: reutersOct 28th, 2019

AB InBev Asia unit raises $5 billion in revived Hong Kong IPO under shadow of protests

Brewer AB InBev priced the Hong Kong IPO of its Asia-Pacific unit at the bottom of a marketed range to raise about $5 billion, indicating deals in the pipeline may need subdued valuations to succeed as protests in the city unnerve investors......»»

Category: topSource: reutersSep 24th, 2019

AB InBev set to revive Budweiser Asia IPO with $5 billion float: sources

The world's largest brewer, Anheuser-Busch InBev , which shelved a Hong Kong IPO of its Asia Pacific unit in July, is planning to raise about $5 billion from a revived float, people with knowledge of the matter said......»»

Category: topSource: reutersSep 12th, 2019

Japanese auto tech manufacturer Denso opens Seattle "innovation lab"

The company – which recently joined Toyota and SoftBank in a $1 billion investment in Uber's self-driving car unit – confirmed its opened a Seattle office about a year after the Business Journal first reported on the search......»»

Category: topSource: bizjournalsAug 9th, 2019

Exclusive: U.S. panel okays SoftBank"s $2.25 billion investment in GM-linked self-driving firm

A U.S. national security panel on Friday approved a $2.25 billion investment by Japan's Softbank in Cruise, a self-driving vehicle firm majority owned by GM, the unit told Reuters, signaling some leeway for investors with deep ties to China......»»

Category: topSource: reutersJul 5th, 2019

Newmax to issue new shares

Optical lens module maker Newmax Technology will raise paid-in capital of NT$2.07 billion (US$66.7 million) by issuing 25 million new shares for sale at NT$82.80 per unit, 34.55% lower than its closing stock price of NT$126.50 on July 2......»»

Category: topSource: digitimesJul 3rd, 2019

VW to float 10% of truck unit, seeks to raise 1.9 billion euros

Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it said on Friday, scaling back earlier ambitions to list up to a quarter of the unit by opting to float a 10% stake......»»

Category: topSource: reutersJun 14th, 2019

Volkswagen to float 10% of truck unit, seeks to raise 1.9 billion euros

Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it said on Friday, scaling back earlier ambitions to list up to a quarter of the unit by opting to float a 10% stake......»»

Category: topSource: reutersJun 14th, 2019

Volkswagen aims to raise 1.9 billion euros from truck unit IPO

Volkswagen said on Friday that it aims to raise up to 1.9 billion euros ($2.1 billion) by floating a stake of at least 10% in its Traton trucks unit later this month, its second attempt to bring the business to market......»»

Category: topSource: reutersJun 14th, 2019

Brookfield seeks $1 billion for fund aimed at poor areas

New York-based real estate unit is seeking to raise $1 billion for a fund that would take advantage of generous new tax breaks available to investors in low-income U.S. communities, according to... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJun 3rd, 2019

Did The Tech Bubble Just Pop: Investors Balk At SoftBank"s Attempt To Raise $100 Billion

Something is not quite right with SoftBank. Last week, we reported that in a surprising twist, Masayoshi Son's SoftBank, which in early May was reportedly considering a $100 billion IPO for its Vision Fund, had instead changed track and was no.....»»

Category: blogSource: zerohedgeJun 2nd, 2019

The Wall Street Journal: SoftBank’s bid to raise new $100 billion fund gets frosty reception from money managers

SoftBank Group Corp.’s bid to raise a second mega fund has met with a chilly reception from some of the world’s biggest money managers, signaling that a crucial initiative for the firm faces significant hurdles......»»

Category: topSource: marketwatchJun 2nd, 2019