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 SoftBank Group Corp said on Tuesday it was considering investing in Uber Technologies Inc but there was no final agreement at this stage."If conditions on share price and a minimum of shares are not satisfactory for the SoftBank Group side, there is a possibility the SoftBank Group may not make an investment," it said in a statement. Uber said this week that a planned deal with SoftBank and Dragoneer Investment Group was moving forward. The investment could be worth up to $10 billion, two people familiar with the matter have said..SoftBank and Dragoneer are leading a ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Tue, November 14 2017. 18:32 IST
RECOMMENDED FOR YOU