Tag: SoftBank
Softbank’s Fortress Considers $6.8B Takeover Of UK’s Motor Fuel Group
Fortress Investment Group is plotting a 5 billion pound ($6.8 billion) takeover of Britain's petrol stations giant Motor Fuel Group, Sky News reported on Saturday.
The...
Biggest Chip Deal In History Called Off
SoftBank's record-breaking sale of a prized chip designer to Nvidia has officially been called off, reported the Wall Street Journal. At an initial value of $40...
Deutsche Telekom Lifts T-Mobile US Stake In SoftBank Deal
Deutsche Telekom has struck a US$7 billion share-swap deal with SoftBank to increase its stake in US unit T-Mobile and sold its Dutch unit...
Nvidia Says Its Arm Buy Will Take Longer Than Expected
Nvidia, the US semiconductor maker, admitted Wednesday, August 18, that talks with regulators on its US$40 billion planned acquisition of UK rival Arm Holdings...
SoftBank Settles WeWork Failed Merger Suits
WeWork and co-founder Adam Neumann reached a legal settlement with SoftBank Group that will cement control of the embattled real estate start-up with its...
Hyundai To Buy Robot Maker Boston Dynamics
Hyundai has agreed to buy an 80% stake in robot maker Boston Dynamics from SoftBank, the South Korean automaker announced on Friday, December 11....
SoftBank To Sell Off Chipmaker Arm To Nvidia In $40B Mega-Deal
Japanese conglomerate SoftBank is reportedly close to selling off its British chip designer Arm to chipmaker Nvidia for a whopping US$40 billion, according to...
Nvidia In To Buy SoftBank’s Chip Company Arm
Nvidia is in advanced talks to acquire Arm, the chip designer that SoftBank Group bought for US$32 billion four years ago, according to Bloomberg.
The...
SoftBank May Sell T-Mobile Shares To Deutsche Telekom
SoftBank Group Corp. is in talks to sell a significant portion of its T-Mobile US Inc. stake to controlling shareholder Deutsche Telekom AG as...
SoftBank Ends $3B Tender Offer For WeWork Shares
SoftBank Group has pulled a US$3 billion tender offer for WeWork shares citing closing conditions not being met, reported The New York Times.
The investment...