SoftBank Sees $7-billion Full-year Net Loss
Japanese conglomerate SoftBank Group on Monday forecast a $7-billion net loss for the year ended March due to the negative impact of coronavirus and losses...
WeWork Sues SoftBank After $3-billion Tender Offer Collapses
WeWork’s owner, The We Company, has sued SoftBank Group, challenging its largest shareholder’s decision to terminate a $3 billion tender offer for shares in the...
SoftBank Cancels $3 billion WeWork Tender Offer
SoftBank Group Corp has terminated a $3 billion tender offer for additional WeWork shares agreed last year with shareholders.
The Japanese company said in a...
SoftBank Reports $6.5 Billion Loss From Uber, WeWork
Softbank Group disclosed the damage from bets on WeWork and Uber Technologies Inc.
The Japanese investment powerhouse on Wednesday reported about $6.5 billion quarterly operating...
SoftBank Officially Takes Over WeWork
Confirming yesterday's reports, WeWork announced on Wednesday that it had accepted a $9.5 billion rescue package from Japan's SoftBank Group that would give its biggest...
