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SoftBank Group Corp (SFTBF.PK)

SFTBF.PK on OTC Markets Group

85.52USD
21 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Uber says it has received investment from consortium led by SoftBank
Sunday, 12 Nov 2017 06:43pm EST 

Nov 12 (Reuters) - Uber Technologies Inc -:Uber says it entered into an agreement with a consortium led by SoftBank and Dragoneer on a potential investment- Spokesman‍​.  Full Article

Uber CEO says bringing in Softbank would be good thing - NYT Dealbook Conference‍​
Thursday, 9 Nov 2017 10:31am EST 

Nov 9 (Reuters) - :Uber CEO at NYT Dealbook Conference‍​ says after two months, feels better at where company is, than when he came into company- CNBC.Uber CEO at NYT Dealbook Conference‍​ says he wants Travis Kalanick to be involved- CNBC.Uber CEO at NYT Dealbook Conference‍​ says bringing in Softbank would be good thing- CNBC.Uber CEO at NYT Dealbook Conference‍​ says he told Travis that new CEO needs space- CNBC.Uber CEO at NYT Dealbook Conference‍​ says negotiations with Softbank ongoing - CNBC.Uber CEO at NYT Dealbook Conference‍​ says he did not ask to read the holder report- CNBC.Uber CEO at NYT Dealbook Conference‍​ says board went in bad direction, product is good- CNBC.Uber CEO at NYT Dealbook Conference‍​ says 2019 is target for IPO - CNBC.Uber CEO at NYT Dealbook Conference‍​ says Travis and whole board agrees that we should now go public- CNBC.Uber CEO at NYT Dealbook Conference‍​ says values of company were not perfect- CNBC.  Full Article

Softbank Group says intends to increase stake in Sprint Corp
Sunday, 5 Nov 2017 05:00pm EST 

Nov 5 (Reuters) - Softbank Group Corp <9984.T>::Softbank Group Corp. Announces intention to increase stake in Sprint.Softbank Group Corp says ‍intends to increase its stake in Sprint Corporation through open market transactions or otherwise​.Softbank Group Corp says ‍does not intend to increase its ownership of Sprint outstanding common stock to 85% or more as a result of these purchases​.  Full Article

T-Mobile-Sprint working to salvage merger; talks restarted- CNBC, citing DJ
Thursday, 2 Nov 2017 04:12pm EDT 

Nov 2 (Reuters) - :T-Mobile- sprint working to salvage merger; talks restarted- CNBC, citing DJ‍​.  Full Article

Sprint reports quarter to date loss per share of $0.01
Wednesday, 25 Oct 2017 08:00am EDT 

Oct 25 (Reuters) - Sprint Corp : :Sprint Corp says quarter to date total net operating revenues $7,927 million versus $8,247 million ​.Sprint reports highest retail phone net additions in more than two years with fiscal 2017 second quarter results.Sprint Corp - ‍Continues to expect $1.3 billion to $1.5 billion of year-over-year net reductions in cost of services and SG&A expenses in fiscal year 2017​.Sprint Corp - Quarter to date diluted net loss per common share $0.01.Sprint Corp qtrly ‍prepaid net additions of 95,000 compared to net losses of 449,000 in prior year​.Q2 earnings per share view $-0.02, revenue view $8.05 billion -- Thomson Reuters I/B/E/S.Sprint Corp qtrly ‍postpaid phone net additions of 279,000​.Sprint Corp - ‍Company continues to expect adjusted EBITDA of $10.8 billion to $11.2 billion​ in 2017.Sprint Corp - ‍Operating income and net loss in quarter were negatively impacted by $34 million of hurricane-related charges​.Sprint Corp - ‍Company continues to expect operating income of $2.1 billion to $2.5 billion in 2017​.Sprint Corp - ‍Future quarters may be impacted by additional hurricane-related charges​.Sprint Corp - ‍Company continues to expect cash capital expenditures, excluding devices leased through indirect channels, of $3.5 billion to $4 billion in 2017​.Sprint Corp quarter to date wireless postpaid ARPU $46.00 versus $50.54 ‍​.Sprint Corp - Quarter to date wireless prepaid ARPU $ 37.83 versus $ 33.15‍​.  Full Article

Softbank plans second Vision Fund of about $200 bln - WSJ
Friday, 20 Oct 2017 08:35am EDT 

Oct 20 (Reuters) - :Softbank is floating tentative plans for second Vision Fund that could be about $200 billion in size - WSJ citing a source.  Full Article

Softbank Group Corp preparing to create another technology investment fund - Nikkei, citing CEO
Thursday, 19 Oct 2017 04:33pm EDT 

Oct 20 (Reuters) - Nikkei::Softbank Group Corp preparing to create another technology investment fund.  Full Article

‍Mubadala says Mubadala Investment Co is launching its venture capital arm
Wednesday, 18 Oct 2017 09:00am EDT 

Oct 18 (Reuters) - Softbank Group Corp <9984.T>:‍Mubadala says Mubadala Investment Company is launching a venture capital arm of its business​.Mubadala says the venture capital initiative will sit within mubadala capital, mubadala's financial investment arm​.‍Mubadala​ says new capital arm to initially oversee Mubadala ventures fund i, a $400 million capital fund with Mubadala & Softbank as main investors.‍Mubadala says new capital arm to initially oversee a $200 million ventures fund of funds that will invest in both established and emerging fund managers​.‍Mubadala says new venture capital arm will be overseeing & managing Mubadala's $15 billion commitment to Softbank vision fund​.  Full Article

LendLease Group establishes a JV with Softbank Group ​
Tuesday, 17 Oct 2017 02:20am EDT 

Oct 17 (Reuters) - LendLease Group :‍Announced sale of 25 per cent of its retirement living business to APG Asset Management N.V.​.‍Overall impact of transaction including transaction costs will be a net loss after tax of about A$35 million​.‍Established a joint venture with Softbank Group to develop and own telecom infrastructure assets in United States​.‍LendLease and Softbank have each committed US$200 million equity to fund identified seed assets​.‍FY18 result expected to be impacted by underperformance in company's Australian construction business​.‍HY18 EBITDA contribution from Australian construction business is expected to be lower than prior corresponding period​.  Full Article

Softbank reaches broad agreement to merge Sprint unit with T-Mobile US - Nikkei
Friday, 13 Oct 2017 01:14pm EDT 

Oct 13 (Reuters) - Nikkei: :Softbank Group has reached a broad agreement to merge its Sprint unit with T-Mobile US - Nikkei.  Full Article

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Regulators to press Uber after it admits covering up data breach

TORONTO/SAN FRANCISCO Struggling ride-hailing firm Uber [UBER.UL] faces a fresh regulatory crackdown after disclosing it paid hackers $100,000 to keep secret a massive breach last year that exposed personal data from around 57 million accounts. | Video