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Final deal with Uber linked to price, shares offered, says SoftBank


SoftBank has said its investment deal with cab-hailing app Uber is yet to be decided and will depend on the tender price and a minimum percentage shareholding offered to the Japanese conglomerate. Uber has entered into an agreement with a consortium led by SoftBank and Dragoneer to explore a potential investment that some reports suggest could be worth of up to USD 10 billion. SoftBank Investment Advisors and SoftBank Group Corp Board Director, Rajeev Misra emphasised that ?by no means is our investment decided?.
Source: Latest News

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