(Reuters) – A consortium led by SoftBank Group Corp will buy a more than 15 percent stake in Uber Technologies Inc [UBER.UL] after existing investors in the ride services company agreed to sell shares at a price that values the startup at $48 billion, the Wall Street Journal reported on Thursday.

SoftBank tender for Uber stake succeeds at discounted price: WSJ

Any comments?

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: