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uk canada goose Jul 14, 2020 04:29 PM IST SoftBank backed SB Energy withdraws first bond issue: Report SB Energy is a joint venture between SoftBank and Bharti Enterprises.Jul 13, 2020 08:02 PM IST Exclusive SoftBank in talks to back Unacademy at $1.2 billion valuation If completed, investment could thrust online education platform into unicorn club.Jun 29, 2020 07:55 AM IST SoftBank to repurchase $1.9 billion of corporate bonds SoftBank Chief Executive Masayoshi Son is undertaking an asset monetisation programme to raise $41 billion to fund share buybacks and reduce debt, following a series of soured tech investments that drove the group to a record annual loss.Jun 26, 2020 02:25 PM IST Moody’s doubles down on SoftBank concerns after public spat The revision to the outlook represents a doubling down by Moody’s after it cut SoftBank deeper into junk territory in March leading to the indebted conglomerate taking the unusual step of asking for its rating to be withdrawn.Jun 25, 2020 04:11 PM IST SoftBank CEO Masayoshi Son to step down from Alibaba’s board: Report This follows last month’s announcement the Alibaba’s Jack Ma will be leaving SoftBank’s board. Wireless unit with T Mobile US Inc.Jun 24, 2020 09:01 AM IST SoftBank to sell T Mobile shares at $103 apiece: Source SoftBank on Monday unveiled a series of transactions to divest more than $21 billion worth of stock in T Mobile, as it seeks funding for a $41 billion share buyback and debt reduction plan. This included a public offering of 133.5 million shares.Jun 17, 2020 11:16 AM IST SoftBank to sell nearly $20 billion worth stake in T Mobile: Report SoftBank currently holds 25 percent stake in T Mobile and may sell part of it to Deutsche Telekom AG.Jun 16, 2020 10:17 AM IST SoftBank backed ride hailing firm Grab set to announce layoffs: Sources Grab, Southeast Asia’s most valuable startup that is backed by SoftBank Group Corp and was last valued at $14 billion, flagged the layoffs at a townhall for staff, according to people with knowledge of the matter.Jun 10, 2020 10:14 AM IST SoftBank’s Vision Fund to slash 80 jobs, 15% of staff: Report This is more than the company’s intended 10 percent staff cut planned in MayMay 29, 2020 12:46 PM IST Bhavish Aggarwal’s vision for Ola is a cross between Uber and Tesla Acquisition of Etergo may look unrelated toOla’s service businessbut maybeOla hasdecided it needs a new businessMay 29, 2020 11:01 AM IST Softbank Bharti JV in talks for $500 $750 million fundraise: Report Potential investors such as infra focused private equity funds, sovereign wealth funds, global utilities and pension funds will be formally approached in the next weeksMay 21, 2020 01:38 PM IST Reeling under record losses, SoftBank to offload 5% stake in Japanese telecom unit to raise cash SoftBank needs cash for a record stock buyback aimed at supporting the price of its shares, which have been used by Son as collateral for loans, as its tech investments falter.May 18, 2020 02:26 PM IST SoftBank to raise over $11 billion for buybacks using Alibaba shares The SoftBank CEO made the comment at an earnings briefing after his company slid to a 1.4 trillion yen loss in the just ended fiscal yearMay 18, 2020 01:15 PM IST SoftBank Vision Fund records $18 billion operating loss, portfolio slides underwater The fund’s $75 billion investment in 88 startups were worth $69.6 billion at the end of March after booking losses of almost $10 billion at office space sharing firm WeWork and ride hailing firm Uber Technologies Inc alone.May 18, 2020 10:35 AM IST SoftBank in talks to sell down T Mobile US stake to Deutsche Telekom: Report A deal would see Deutsche Telekom’s stake in the carrier, which merged with SoftBank’s wireless unit Sprint last month, rise above 50%, the newspaper reported uk canada goose.