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SoftBank unveils USD 5 bln Latin American startup fund

2019-03-07 16:40:00| Telecompaper Headlines

(Telecompaper) At the same time, SoftBank is setting up a new operating group called the SoftBank Latin America Local Hub, which will partner with companies that are already in SoftBank's investment portfolio to help them enter the region. The group's Chief Operating Officer and former Sprint and Brightstar CEO Marcelo Claure has been named CEO of SoftBank Latin America and will be tasked with overseeing the new fund, its investments and operations. No decision has yet been made as to the location of the new fund's HQ, said SoftBank.

Tags: american usd fund latin

 

Japan's Softbank shares surge on buyback plan

2019-02-07 05:18:14| BBC News | Business | UK Edition

Chief executive Masayoshi Son said the $5.5bn buyback was aimed at propping up the firm's share price.

Tags: plan shares surge softbank

 
 

Softbank shares down as mobile unit makes Tokyo debut

2018-12-19 01:50:27| BBC News | Business | UK Edition

The firm wants to raise $23bn but shares were selling below the asking price at the start of trading.

Tags: mobile makes unit shares

 

How the Softbank IPO could change your life

2018-12-19 01:18:44| BBC News | Business | UK Edition

The Japanese investment group hopes to use its $23.5bn share sale next week to invest in future-shaping technologies such as driverless cars.

Tags: your life change ipo

 

Softbank raises JPY 2.6 trillion in IPO of Japanese telecom business

2018-12-10 16:26:00| Telecompaper Headlines

(Telecompaper) Softbank Group has confirmed the sale of 1.7 billion shares in the initial public offering for its Japanese telecom business. At a price of JPY 1,500 per share, the IPO raised JPY 2.646 trillion (USD 23.4 billion) in gross proceeds for the company. 

Tags: business japanese telecom ipo

 

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