You are here: Home » Reuters » News
Business Standard

SoftBank says considering investment in Uber but no final agreement reached

Reuters  |  TOKYO 

TOKYO (Reuters) - Japan's Group Corp <9984.T> said on Tuesday that it was considering investing in Technologies Inc [UL] but there was no final agreement at this stage.

"If conditions on share price and a minimum of shares are not satisfactory for the Group side, there is a possibility the Group may not make an investment," it said in a statement.

said earlier this week that a planned deal with and Dragoneer Investment Group was moving forward. The investment could be worth up to $10 billion, two people familiar with the matter previously told

(Reporting by Sam Nussey; Editing by Edwina Gibbs)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 14 2017. 07:00 IST
RECOMMENDED FOR YOU