SoftBank in talks with Canada, Middle East for tech fund
DeeperDive is a beta AI feature. Refer to full articles for the facts.
London
SOFTBANK Group Corp is in discussions with potential investors in Canada and the Middle East to raise US$7 billion of additional capital for its technology fund, according to people familiar with the matter.
The Japanese company is in talks with Canadian pension funds, sovereign wealth funds in Kuwait and Qatar and technology companies, the sources said, asking not to be identified as the discussions are ongoing.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Japan stocks look set for new highs in 2025 on earnings, reform
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant