SoftBank-led group seals deal to buy massive stake in Uber

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  1. SoftBank-led group seals deal to buy massive stake in Uber  Deutsche Welle
  2. From chicken feed to Uber: Japanese billionaire Masayoshi Son buys into ride-sharing giant  South China Morning Post
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A consortium led by Japan s SoftBank will buy a large number of shares of ride hailing firm Uber, after shareholders elected to sell their shares, handing new Uber CEO Dara Khosrowshahi a major victory..Uber Technologies Inc. shareholders agreed to sell a sizable stake in the ride hailing leader to an investor group led by SoftBank Group Corp., allowing the Japanese conglomerate to amass a piece of the company at a steep discount to the last valuation. The transaction implies a US$ billion value for .A SoftBank led consortium has reached an agreement to buy more than per cent of Uber for about $bn, after shareholders elected on Thursday to sell their shares to the Japanese conglomerate at a discounted price. The shareholders decision marks the clearing of the final hurdle in a complex deal .A consortium led by Japan s SoftBank will buy a large number of shares of ride hailing firm Uber, after shareholders elected to sell their shares, handing new Uber CEO Dara Khosrowshahi a major victory..







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