Masayoshi Son, the head of SoftBank, has asked the former CEO of Sprint to take a more hands-on role helping oversee a cleanup of the office-rental company from his position at SoftBank
The loans are likely to have an interest rate of about 5%
SoftBank's board will meet on Thursday to approve the commitment, the WSJ reported, citing people familiar with the matter
The company forecast Wednesday that with the additional stake in Yahoo, its revenue will rise to 4.8 trillion yen ($43.6 billion) in this fiscal year
The buyback comes after SoftBank Group raised 2.35 trillion yen in December by listing about a third of the shares in domestic telco SoftBank Corp
The agreement will enable the Softbank Group to expand its portfolio further in country and is part of aggressive growth strategy adopted here, a source close to the Subash Chandra-run company said
The kingdom is the biggest outside investor in SoftBank's $100 billion Vision Fund, which has backed Uber Technologies, WeWork, Didi Chuxing and Slack Technologies
Six-year-old Grab has garnered more than $6 billion in total funding, led by SoftBank, Chinese ride-hailing firm Didi Chuxing and Toyota Motor Corp
SoftBank will buy the shares via a tender offer at 360 yen per share, equivalent to Monday's close
SoftBank and its investment vehicle Vision Fund, which raised over $93 billion last year, have stormed the world of dealmaking, buying up stakes in disruptive tech companies
TOKYO (Reuters) - SoftBank Group Corp <9984.T> has decided to invest $60 billion-$100 billion in a solar power project in India, Japanese public broadcaster NHK reported on Friday.
Sprint and T-Mobile said they had called off merger talks, denting the dealmaking credentials of Masayoshi Son