SoftBank plans second Vision Fund with $108bn in pledges
Microsoft, Apple and Foxconn are set to join the fund with SoftBank committing $38bn — Saudi Arabia and Abu Dhabi are notably absent
26 July 2019 - 14:58
Tokyo — SoftBank Group has secured pledges from Microsoft and other investors of about $108bn for a second Vision Fund aimed at investing in technology firms.
The Japanese conglomerate itself plans to invest $38bn in the fund, it said in a statement. Others set to join include Apple and Taiwan’s Hon Hai Precision Industry (Foxconn) — both investors in the first fund...
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