SoftBank tender for Uber stake succeeds: WSJ

December 28, 2017 by  
Filed under News

(Reuters) – A consortium led by SoftBank Group Corp will go ahead with the purchase of a major stake in Uber Technologies Inc [UBER.UL] after existing investors in the ride services company agreed to sell shares at a price that values the startup at $48 billion, the Wall Street Journal reported on Thursday.

Source: Reuters Business News

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