Hints and tips:
Related Special Reports
...After a market downturn in 2022 soured some of its bets and SoftBank lost its $100mn investment in FTX, there was a “strong reputational incentive for SoftBank’s employees to avoid any further embarrassment...
...Son also began to borrow personally from SoftBank to foot the bill for his investments in the group’s second Vision Fund, Latin America fund and shortlived hedge fund unit, SB Northstar....
...Investment banks have yet to be appointed to work on the potential transaction, of which the timeframe remains under consideration....
...The payment takes the total SoftBank has committed to WeWork to more than $16bn since its initial investment in 2017, filings analysed by the Financial Times show....
...Legal & General Investment Management, a top-10 shareholder in AstraZeneca, told the FT that it had decided to back the new remuneration policy....
...“Any new financial investment would serve to further strengthen the company as we exit from bankruptcy.”...
...Greensill Capital — whose advisers included former UK prime minister Lord David Cameron, now foreign secretary — was established in 2011 and won backing from high profile investors including SoftBank and...
...multiple potential investment targets including OpenAI....
...The SoftBank chief executive has been exploring a range of opportunities, including a potential investment in OpenAI and advanced discussions to fund the “iPhone of artificial intelligence”....
...While the total size of new investment activity by SoftBank has shrunk, it is still investing....
...In 2021, SoftBank’s Son was so taken by the pitch for the Gen Z app that he “wanted to meet within 48 hours and offered a $500mn investment”, Shafi has claimed — five times what the founder had suggested...
...Unlike some of SoftBank’s other high-profile investments, it had already turned a profit....
...SoftBank could take a leaf out of his book....
...But at least they are not SoftBank....
...SoftBank made the investment knowing that its voting rights could not exceed 9.4 per cent for regulatory reasons....
...Shares in SoftBank Group slumped on Friday after the Japanese conglomerate posted a surprise quarterly loss driven by disappointing tech investment results....
...Liberty’s backers include SoftBank and Saudi Arabia’s sovereign wealth fund....
...It was the fourth consecutive quarter in the red for the Japanese conglomerate as the gains from the initial public offering of chip designer Arm, and a small investment gain from the Vision Funds, failed...
...The investments by SoftBank after WeWork abandoned its initial public offering in truth were failed self-help exercises, with the conglomerate attempting to keep its earlier investments worth more than $9bn...
...The multiple on invested capital on SoftBank’s investment in Arm is just over 3 times, a far cry from a figure for Alibaba of more than 1300 times....
...SoftBank, which has pumped more than $16bn into WeWork since 2017, has lost billions of dollars on its investment and had its reputation badly tarnished by its dealmaking with Neumann....
...Raine was the lead adviser to SoftBank on its original acquisition of Arm for $32bn in a 2016 deal that delisted it from the London stock market....
...“Automotive is one of our pillars of our growth and our future,” said Vachani, in which Arm is making a “significant amount of investment”....
...Boodry said he still expected SoftBank to “move away from the defensive approach of the last year and step up its investment pace” even though second quarter “investments were down sequentially”....
...While 28 investment banks are listed on the prospectus, Raine was billed above them all, including Goldman Sachs and JPMorgan Chase, as Arm’s financial adviser....
International Edition