SoftBank tender for Uber stake succeeds at discounted price – WSJ

Posted on


  1. SoftBank tender for Uber stake succeeds at discounted price – WSJ  Reuters
  2. SoftBank agrees to buy large stake in Uber  CNBC
  3. SoftBank consortium will buy Uber shares at a $48 billion valuation, down from $67.5 billion  VentureBeat
  4. SoftBank Succeeds in Tender Offer for Large Stake in Uber  Wall Street Journal
  5. It’s judgment day at Uber, as we learn whether SoftBank will succeed in its complex purchase of some of the company  Recode
  6. Full coverage



Reuters A consortium led by SoftBank Group Corp .T will buy a more than percent 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 $ billion, the Wall Street Journal reported on Thursday..The price is a roughly percent discount to Uber s most recent valuation of $ billion. The deal will trigger a number of changes in the way the board oversees the company, which is dealing with federal criminal probes, a high stakes lawsuit and an overhaul of its workplace culture. SoftBank and the rest .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 With SoftBank simultaneously buying shares at two different prices, the deal has raised the question of Uber s true value..A consortium led by SoftBank Group Corp. will go ahead with the purchase of a major stake in Uber Technologies Inc. after existing investors in the ride services Softbank tender for Uber stake succeeds report. Reported price comes at a per cent discount to the most recent valuation of $ billion US..







Leave a Reply

Your email address will not be published. Required fields are marked *