Tag: Mobile Telecommunications

SoftBank snaps up $2.8 billion stake in Norway robotics firm

Japanese investment giant SoftBank has agreed to pay $2.8 billion for a 40% stake in Norwegian warehouse automation company AutoStore. SoftBank SFTBY, +4.87% will buy the stake from U.S. buyout group Thomas H. Lee Partners and Sweden’s EQT EQT, -4.54% in a deal that values AutoStore at $7.7 billion, including debt, the two companies said […]

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SoftBank Vision Fund injected at least $400 million into Greensill Capital in late 2020

SoftBank Group Corp.’s  9984, -0.10% Vision Fund injected at least $400 million into Greensill Capital at the end of last year, according to people familiar with the matter, deepening the potential losses the giant tech investor faces in the startup’s collapse. The infusion of cash was in addition to the $1.5 billion the Vision Fund had […]

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NYSE reverses course, says it won’t delist 3 largest Chinese telecoms

In a major reversal, the New York Stock Exchange said it no longer intends to delist three Chinese telecom companies that had been targeted by an executive order from President Donald Trump. In a statement late Monday, the NYSE took back its intent to delist China Mobile Ltd.  CHL, -5.89%,  China Telecom Corp. Ltd.  CHA, […]

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