BEAMSTART Logo
Want to share news to millions of readers?

Could SoftBank Go Private Following Disappointing Quarterly Results? Analysts See Possibility

Benzinga LogoBenzinga1 mo ago

Could SoftBank Go Private Following Disappointing Quarterly Results? Analysts See Possibility - Benzinga

Quick Summary:

Analysts and investors said the latest results reflecting SoftBank's preparation to sell critical operations like Fortress Investment Group and higher focus on its two Vision Funds raised questions over whether it still needed to be listed. 

Son has discussed the option of taking SoftBank private over the past three years but had yielded, partly due to pressure from its biggest Japanese banking lenders, notably Mizuho. 

Also Read: SoftBank Vision Fund Loses Over $17B In ...


More Pictures


or

Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Topics: Tech SFTBY BABA Benzinga Analyst Ratings Masayoshi Son News Media UBER

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-08-09, 19:38:36

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Reading Time: 4 minutes read

Article Length: 620 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 124935

View Article Analysis

About Benzinga

Benzinga Logo

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 19 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 10h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

BEAMSTART brings you the latest news, jobs, and events from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2022 BEAMSTART. All Rights Reserved.