je.st
news
Tag: softbank
Softbank becomes largest shareholder in Uber
2018-01-19 17:24:00| Telecompaper Headlines
(Telecompaper) Softbank has become the largest stakeholder in Uber after cutting a deal that includes buying shares from existing Uber investors and employees, Reuters reported. The shares were bought by an investor group co-led by Softbank and Dragoneer and including Sequoia, at at discounted valuation of USD 48 billion, a 30 percent decline from Uber's most recent valuation of USD 68 billion. The secondary stock sales will be completed by the end of the day on 18 January, an Uber spokesperson said. The investor group also made a USD 1.25 billion investment at the higher valuation, the spokeperson added. The BBC reported that the deal was worth USD 9.3 billion, with Kalanick selling USD 1.4 billion worth of shares. The latest investment will mean governance changes at Uber, including the addition of new board members.
Tags: largest
shareholder
uber
softbank
Uber agrees investment deal with SoftBank
2018-01-18 21:41:41| BBC News | Business | UK Edition
Founder Travis Kalanick is set to sell more than $1bn worth of shares, according to reports
Tags: deal
investment
agrees
uber
SoftBank mulls launch of mobile unit IPO this year
2018-01-15 08:15:00| Telecompaper Headlines
(Telecompaper) SoftBank has announced it is considering an initial public offering for its mobile phone unit. SoftBank plans to list its wireless unit in Tokyo and overseas this year and the offering could bring in about CNY 2 trillion (approximately USD 18 billion), the Nikkei reported. Listing the shares is one of the options, but no decision has been made to officially proceed with the IPO, the company said in a statement.
Softbank plans $18bn share sale of its mobile business
2018-01-15 02:05:04| BBC News | Business | UK Edition
The share sale could include listings in Tokyo and London but Softbank says no decision has been taken.
Tags: business
share
sale
mobile
SoftBank set for $18 billion telecoms spin off
2018-01-15 01:00:00| Total Telecom industry news
Japanese firm SoftBank could be set for an $18 billion IPO as it looks to spin off its domestic telecoms business units as a separate entity. In a statement to the Tokyo stock exchange…read more on TotalTele.com »
Sites : [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] [21] [22] [23] [24] [25] [26] next »