SoftBank buys large stake in Uber: WSJ

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SoftBank Group won its bid to buy a major stake in Uber Technologies at a steep discount to the company s previous valuation in a deal that gives the world s biggest tech investor sway over the most valuable U.S. startup..SoftBank Group is in advanced talks to buy a stake in reinsurance giant Swiss Re that could be worth $ billion or more, in the latest example of the For example, through its stakes in Uber and WeWork, SoftBank has access to hundreds of thousands of workers in the "gig economy" who don t have .SoftBank has taken a big stake in Uber The deal values Uber at $ billion That s about a percent discount from what the company was valued at According to the Wall Street Journal, which previously reported details of the agreement, SoftBank will likely acquire percent of the company, with an .SoftBank Group Corp hassucceeded in its bid to buy a large stake in Uber TechnologiesInc at a steep discount, the Wall Street Journalreported on Thursday, citing people familiar with the matter..

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