Monday 27 November 2017

SoftBank is said to seek Uber stock at $48 bn valuation


SoftBank Group Corp. and a group of investors are said to be trying to buy a big stake in Uber Technologies Inc. at a sizable discount to the ride-hailing company’s $69 billion valuation, seeking to clinch what would be one of the largest ever purchases of stock in a private company.

You can read more here: SoftBank is said to seek Uber stock at $48 bn valuation

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