SoftBank is reportedly planning an IPO of its $100 billion Vision Fund

Pedestrians walk past signage for SoftBank Group outside a store in Tokyo, Japan, Nov. 29, 2018. 

Kiyoshi Ota | Bloomberg | Getty Images

SoftBank is considering an initial public offering of its $100 billion Vision Fund, which usually picks up big stakes in fast-growing technology companies, The Wall Street Journal reported on Friday, citing people familiar with the matter.

SoftBank is also in talks with Oman for an investment in the Vision Fund, which has raised nearly all of its funding so far from Saudi Arabia and Abu Dhabi, according to the report.

The Japanese conglomerate did not immediately respond to a Reuters request for comment.

Let's block ads! (Why?)

from Top News & Analysis https://cnb.cx/2ZSOoTF
via IFTTT