SoftBank is planning a major investment in Ping An assets
|12/07/2017||Posted by BusinessMediaguide.Com under General World News||
Japanese technology behemoth SoftBank is considering investments in three companies owned by Ping An, China’s largest online insurer, according to sources interviewed by Bloomberg.
The investments would be made through its $97 billion Vision Fund, and SoftBank would take a stake of 5-10% in each company.
However, SoftBank’s selections aren’t final, as it’s still conducting due diligence on the size and timing of the investments, the sources added. Ping An and SoftBank haven’t confirmed the read more >>>