Fortress Investment Group LLC (FIG.N)
24 Mar 2017
TOKYO, March 21 Japan's Nikkei share average fell to a 1-1/2-week low on Tuesday morning as financial stocks were battered after U.S. yields fell, while index-heavyweight SoftBank tumbled and weighed on the index.
WASHINGTON The U.S. Securities and Exchange Commission said on Wednesday it froze the assets of certain traders in a suspected insider trading scheme involving more than $3.6 million in profits related to the takeover Fortress Investment Group by Japan's SoftBank Group Corp .
WASHINGTON, March 1 The U.S. Securities and Exchange Commission said on Wednesday it froze the assets of certain traders in a suspected insider trading scheme involving more than $3.6 million in profits related to the takeover Fortress Investment Group by Japan's SoftBank Group Corp .
WASHINGTON, March 1 The Security and Exchanges Commission said on Wednesday it froze assets of traders using brokerage accounts in London and Singapore to obtain more than $3.6 million in possibly illegal profits before the announcement that SoftBank Group Corp agreed to acquire Fortress Investment Group.
* Fortress reports fourth quarter and year end 2016 results and announces dividend of $0.09 per share
TOKYO/HONG KONG Japan's SoftBank Group Corp is close to making an investment in U.S. office-sharing startup WeWork expected to be worth over $3 billion, CNBC reported on Monday, as it expands its reach beyond tech and telecoms. | Video
* SoftBank in discussions with WeWork for some time - sources
TOKYO Japan's SoftBank Group Corp on Wednesday said it has agreed to buy Fortress Investment Group LLC for about $3.3 billion, looking to add investment expertise as it prepares to launch the world's largest private equity fund. | Video
* Fortress shareholders to receive $8.08 per share (Adds Evercore as financial adviser to Fortress)
* Fortress Investment Group LLC - will pay Softbank a termination fee of $98.4 million if merger breaks up under certain circumstances