One venture that stands out from the rest is SoftBank’s $3.3 billion all-cash purchase of Fortress Investment Group — a major Manhattan property investor and lender — at the end of last year. While the move might make perfect sense for a traditional real estate or financial firm, it’s less clear-cut for Masayoshi Son’s tech-focused enterprise. “At first glance, it seemed like a major departure for SoftBank to buy an old-school credit-focused private equity firm,” […]
source https://therealdeal.com/2018/04/26/hidden-fortress-behind-softbanks-3-3b-buy-of-the-asset-manager/
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