SoftBank raises stake in Yahoo Japan in purchase from Altaba

Tiger Global has poured more than $1 billion into SoftBank Group, according to the Financial Times. The newspaper reports that the firm told investors SoftBank’s shares are “meaningfully undervalued.” In response to a request for comment, SoftBank sent the same statement to TechCrunch as other media outlets: “We continue to believe the market significantly undervalues […]

SoftBank raises stake in Yahoo Japan in purchase from Altaba

Japanese internet company SoftBank Corp. is investing about $2 billion to raise its stake in Yahoo Japan through an acquisition from U.S. investment company Altaba Inc.

Tue 10 Jul 18 from Phys.org

SoftBank's cheap valuation draws $1 billion bet from U.S. fund Tiger Global

U.S. hedge fund Tiger Global has built a stake worth over $1 billion in SoftBank Group Corp as it considers the Japanese firm undervalued, a source with direct knowledge of the matter said, ...

Thu 12 Jul 18 from Reuters Technology

Tiger Global takes $1 billion stake in SoftBank, calling it undervalued: source, Wed 11 Jul 18 from Reuters Technology

Hedge fund Tiger Global takes $1 billion stake in Softbank: source

U.S. hedge fund Tiger Global has built a stake worth more than $1 billion in Japan's Softbank Group which it considers to be under-valued, a source with direct knowledge of the matter said on ...

Wed 11 Jul 18 from Reuters Technology

SoftBank tightens grip on Yahoo Japan via $2 billion deal with Altaba

SoftBank Group is increasing its stake in Yahoo Japan through a $2 billion, three-way deal with U.S. firm Altaba to deepen ties with the internet heavyweight ahead of an IPO of its telecoms ...

Tue 10 Jul 18 from Reuters Technology

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