SoftBank Executives Renew Talks On Taking The Group Private – FT

Executives of SoftBank Group Corp are once again considering taking the technology group private as the Japanese company seeks a new strategy after disposing of several large assets, the Financial Times reported https://on.ft.com/2ZAauvz on Sunday citing people familiar with the matter.

The discussions are driven by frustrations over the continuous discount in SoftBank’s equity valuation compared with the value of its individual holdings, which continues even after an asset sale programme tried to close that gap, the newspaper said.