YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Uber was close on Sunday to selling a large stake of itself to Japanese conglomerate SoftBank, officials familiar with the matter told The New York Times.
A consortium of investors led by SoftBank is seeking to buy at least 14 percent of Uber through a combination of new and existing stock.
As part of the plans, SoftBank intends to buy $1 billion worth of fresh stock in Uber.
Read more from The New York Times.
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