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The transaction bolsters the listed assets in SoftBank's portfolio, doubling its T-Mobile US stake to 7.64&nbsp;per cent&nbsp;from 3.75&nbsp;per cent&nbsp;currently, following the blockbuster listing of chip designer Arm in September.

SoftBank gets $7.6 bln T-Mobile stake windfall, shares soar

The company is expected to make the investment through a fund backed by Saudi Arabia`s government, NHK said. Saudi Arabia is the largest investor in SoftBank`s Vision Fund, which raised over $93 billion last year.&nbsp;

Japan's SoftBank to invest up to $100 billion in Indian solar - NHK

Kalanick`s sale is part of a deal with a group of investors led by SoftBank Group Corp, which is taking a 17.5%&nbsp;stake in Uber, mostly by buying shares from early investors and employees. SoftBank last week secured agreements from shareholders who were willing to sell, and the deal will close early this year, Uber said.

Uber ex-CEO Kalanick plans to sell 29% of stake: source

In July, sources had told Reuters that Slack was raising $250 million in a new funding round led by SoftBank.

Slack valued at $5.1 billion after new funding led by SoftBank

Softbank on Friday has announced nomination of&nbsp;India-born Rajeev Misra on its board of directors who is currently&nbsp;serving as chief executive officer of SoftBank Investment Advisers.

Softbank nominates India-born Rajeev Misra into board

Japan's&nbsp;Softbank will invest $93 billion in Softbank Vision Fund&nbsp;that will be invested in the technology sector and it expects the&nbsp;total commitment in the company&nbsp;to reach $100 billion in six months.&nbsp;

Softbank aims to close $100 billion fund for tech sector in 6 months

SoftBank has not yet approached Deutsche Telekom to discuss any deal because the U.S. Federal Communications Commission has imposed strict anti-collusion rules that ban discussions between rivals during an ongoing auction of airwaves.

SoftBank willing to cede control of Sprint to entice T-Mobile: sources

Online e-commerce company Snapdeal is in talks with SoftBank to raise fresh funds at lower valuation.&nbsp;

Snapdeal in talks to raise fresh funds from Japan's telecom & internet firm SoftBank  

softbank-group-corp

The transaction bolsters the listed assets in SoftBank's portfolio, doubling its T-Mobile US stake to 7.64 per cent from 3.75 per cent currently, following the blockbuster listing of chip designer Arm in September.

The company is expected to make the investment through a fund backed by Saudi Arabia`s government, NHK said. Saudi Arabia is the largest investor in SoftBank`s Vision Fund, which raised over $93 billion last year. 


Kalanick`s sale is part of a deal with a group of investors led by SoftBank Group Corp, which is taking a 17.5% stake in Uber, mostly by buying shares from early investors and employees. SoftBank last week secured agreements from shareholders who were willing to sell, and the deal will close early this year, Uber said.

In July, sources had told Reuters that Slack was raising $250 million in a new funding round led by SoftBank.

Softbank on Friday has announced nomination of India-born Rajeev Misra on its board of directors who is currently serving as chief executive officer of SoftBank Investment Advisers.

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SoftBank Group Corp

SoftBank gets $7.6 bln T-Mobile stake windfall, shares soar

Japan's SoftBank to invest up to $100 billion in Indian solar - NHK

Uber ex-CEO Kalanick plans to sell 29% of stake: source

Slack valued at $5.1 billion after new funding led by SoftBank

Softbank nominates India-born Rajeev Misra into board

Softbank aims to close $100 billion fund for tech sector in 6 months

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