English
Japan
Japan's SoftBank Group Corp Chief Executive Masayoshi Son attends a news conference about Vision Fund in Tokyo last November. Photo: REUTERS file
SoftBank considers IPO of $100 bil Vision Fund
NEW YORK -- Japan's SoftBank Group Corp is considering an initial public offering of its $100 billion Vision Fund, a source familiar with the matter said on Friday.
The fund was set up in 2017 and has become the world's largest technology investment fund. Its investments include ride-hailing pioneer Uber, chip designer ARM and shared workspace firm WeWork.
The company has publicly stated it plans to set up a second investment fund. The senior banking source said SoftBank was now talking to banks about helping it raise money, confirming an earlier report in the Wall Street Journal.
SoftBank has spoken to half a dozen banks over the last month about a potential listing of the Vision Fund but has yet to start a formal process, the source said, adding he was not expecting such a process in the near term.
"They asked banks questions on how they could possibly do it. It is still very much in exploration mode," the source said, adding that Softbank had been possibly given the idea by fellow tech investor Naspers, which plans to list some of its assets.
"The big difference is that the biggest asset in the Naspers portfolio is Tencent, which is listed, whereas the portfolio of the Vision Fund is all private," the source said.
China's Tencent Holdings Ltd is a social media and gaming company listed in Hong Kong.
A spokesman for SoftBank declined to comment when contacted by Reuters.
SoftBank is also in talks with Oman for an investment in the fund, which has raised nearly all of its funding so far from Saudi Arabia and Abu Dhabi, according to the WSJ report.
Oman was not immediately available for a comment when contacted by Reuters, nor was there an immediate response from the Japanese conglomerate.
SoftBank is seeking to raise new funds for "informal deals" chief executive officer Masayoshi Son negotiated in China for Vision Fund, one of the people told WSJ.
The fund is also planning to double its staff over the next 18 months to keep up with the pace of deal making by SoftBank, the company's top deputies reportedly said at a conference in Los Angeles this week
Source: https://japantoday.com/category/tech/SoftBank-considers-IPO-of-100-bil-Vision-Fund
azithromycin and benadryl buy azithromycin tablet 500mg uk zithromax z pak 500 mg where can i get azithromycin over the counter
ivermectin for scabies ivermectin 200 ivermectin pour on for horses how often can you take ivermectin
ivermectin dosage birds ivermectin cost side effects of ivermectin in dogs how long for ivermectin to work in horses site:www.chronofhorse.com
cialis black vs cialis sildenafil citrate for women erectile pills that work womens viagra sildenafil generic price at cvs sildenafil 20 mg reviews
albuterol sulfate nebulizer ventolin us price albuterol sulfate inhaler over the counter how many puffs of ventolin is safe
prescription alternatives to viagra best herbal viagra gnc herb viagra side effects of grapefruit extract chinese viagra side effects alternatives to viagra what makes cialis work better is there a women's viagra when will generic tadalafil be available weight loss prescription drugs cvs viagra female libido natural remedies excedrin samples for health professionals gnc male supplements viagra ohne rezept eucerin samples lipitor long term side effects nda approval process viagra tablets uk stacking viagra and levitra viagra pills 100 mg viagra gold 800 mg bestellen cost of viagra 10 mg tadalafil generic no 7 protect and perfect serum can kids take viagra cancer survival stories herbal viagra flomax viagra gel how often to take viagra how does viagra work cialis vs generic cialis
albuterol mechanism ventolin 4 mg tabs can albuterol cause high blood pressure why does albuterol cause increased heart rate
prednisone for swelling can prednisone cause a rash how do you pronounce prednisone
ic azithromycin side effects of zithromax 500mg what is the antibiotic azithromycin used for
priligy prescripci??n es priligy generic sildenafil 100mg and dapoxetine 100mg how to buy priligy im 16 years old
azithromycin with alcohol where can i buy azithromycin does azithromycin have to be refrigerated how long does azithromycin stay in your body
prednisone 20mg is prednisone used for pain what happens if you take too much prednisone
edandmore provigil 50 mg modafinil nuvigil vs provigil weight loss where is modafinil legal wv
sildenafil 150 mg dose viagra and cialis prices viagra alternative grapefruit essential oil how to use penile enlargement surgery cost
prednisone and alcohol 1.5 prednisone prednisone weight gain 5 days what is considered a low dose of prednisone
azithromycin pill zithromax 500mg chlamydia symptoms after treatment azithromycin when to take azithromycin
prednisone to dexamethasone prednisone 10 prednisone dosage for herniated disc how long is it safe to take prednisone
priligy en france dapoxetine 30 mg brand name tadalafil & dapoxetine hydrochloride tablets uses dapoxetine how often to take for depression
best prices for generic viagra 100mg personal stories about suicide viagra pornhub herbal breast enhancement supplements trimix penile injection dosage costco prescription drug prices
furosemide heart failure lasix without a prescription dosage of furosemide for dogs where does furosemide work