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UK's Greensill Appointed Grant Thornton To Guide It Through Possible Restructuring, Co Could File For Insolvency Within Days - WSJ
Softbank Is Said To Write Down $1.5 Billion Greensill Investment - Bloomberg News
SVF Investment Corp 3 Files To Cut Size Of IPO To Up To $280 Mln From Up To $350 Mln
SoftBank Group Corp. is a Japan-based company principally engaged in the communication and Internet related business. The Company operates in six business segments. Softbank segment is involved in the sale of mobile terminals, the provision of mobile communication services and fixed communication services in Japan. The Segment also sells mobile terminal accessories, PC software and peripherals. Sprint segment is involved in the provision of mobile communication services and others in the US. Yahoo segment conducts advertising business on the Internet, e-commerce business and membership service business. ARM segment is involved in the design of IP and related technologies for microprocessors, and the sale of software tools. Softbank Vision Fund and Delta Fund segment conducts investment activities in the technology area. Bright Star segment conducts distribution of mobile terminals overseas. The Company is also involved in Fortress and Fukuoka Softbank Hawks related business.
TOKYO PORTCITY TAKESHIBA Office Tower
Chairman of the Board, President, Chairman & President of Subsidiaries, Representative Director
Ronald D. Fisher
Vice Chairman of the Board, Chairman & President of Subsidiaries
Chief Financial Officer, Senior Managing Director, Chief Information Security Officer
Executive President & Chief Executive Officer of Subsidiary, Director
Chief Executive Officer of Subsidiary, Director
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Compass, a real estate brokerage firm backed by SoftBank Group Corp, made its filing for an initial public offering public on Monday, and revealed a 56% surge in revenue as the residential market holds up during the pandemic.
South Korean e-commerce giant Coupang Inc, which is backed by SoftBank Group Corp, will look to raise as much as $3.6 billion in its U.S. initial public offering, it said in a regulatory filing on Monday. (Reporting by Anirban Sen in Bengaluru; Editing by Sriraj Kalluvila)
SoftBank Group Corp's Vision Fund has substantially written down its $1.5 billion investment in supply-chain finance company Greensill Capital, Bloomberg News reported on Monday, citing people familiar with the matter.
SoftBank Group Corp's Vision Fund has written down its $1.5 billion investment in Greensill Capital, Bloomberg News reported on Monday, citing people familiar with the matter.
SVF Investment Corp. 3, a blank-check firm backed by SoftBank Group Corp, cut the size of its initial public offering to $280 million from $350 million, a regulatory filing showed on Monday.
A SoftBank-backed blank-check firm cut the size of its initial public offering to $280 million from $350 million, according to a regulatory filing on Monday. (Reporting by Sohini Podder in Bengaluru; Editing by Shailesh Kuber)
SoftBank Group Corp said on Friday it has reached a settlement with WeWork's special committee and the company's co-founder and former chief executive, Adam Neumann, putting to rest a legal battle dating back to 2019.
SoftBank Group Corp said on Friday it had reached a settlement with WeWork's special committee and the company's co-founder and former chief executive, Adam Neumann, putting to rest a legal battle dating back to 2019.
SoftBank-backed robotics firm Berkshire Grey said on Wednesday it has agreed to go public through a merger with blank-check firm Revolution Acceleration Acquisition Corp in a deal valuing the equity of the combined company at $2.7 billion. (Reporting by Sohini Podder in...
* Sinch driving consolidation in cloud communications industry
WeWork co-founder and former Chief Executive Adam Neumann is nearing a settlement with SoftBank Group Corp that could include a nearly $500 million cut in his payout from the office space-sharing company's new owner, according to a person familiar with the matter.
WeWork co-founder and former Chief Executive Adam Neumann is nearing a settlement with SoftBank Group Corp that could include a nearly $500 million cut in his payout from the office space-sharing company's new owner, the Wall Street Journal reported on Monday.
A group of investors led by Softbank Group has invested 450 million reais ($83 million) in Brazilian test-prep startup Descomplica, which has seen demand for its online learning services surge in the pandemic, the company said on Thursday.
Swedish cloud computing services provider Sinch AB said on Wednesday it had agreed to buy U.S.-based communications company Inteliquent for $1.14 billion in cash.
SoftBank Group Corp shares closed at a record high on Tuesday, surpassing a peak reached at the height of the dot-com bubble, as online backers celebrated the recovery in the value of the firm's tech portfolio.
South Korean e-commerce giant Coupang Inc, which is backed by SoftBank Group Corp, filed for a U.S. initial public offering on Friday, looking to cash in on a record boom in capital markets.
Pacific Biosciences of California Inc said on Wednesday SoftBank Group Corp will invest $900 million in the gene sequencing firm, sending its shares up 21% before the bell.
SoftBank Group Corp will invest $900 million in gene sequencing firm Pacific Biosciences of California Inc in its latest healthcare investment, the company said on Wednesday.
SoftBank Group Corp Chief Executive Masayoshi Son boasted of delivering "golden eggs" on Monday, after his company's Vision Fund unit rebounded from a loss to record an 844 billion yen ($8 billion) third quarter profit.
SoftBank Group Corp on Monday reported that third quarter net profit ballooned more than 20 times, beating estimates, driven by recovery at its Vision Fund unit.
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