SoftBank, the Japanese conglomerate backing WeWork, Compass and Uber, added $17 billion to its valuation, following a successful share buyback and spike in operating profit. The firm, led by Masayoshi Son, recorded a 17.7 percent jump in its shares Thursday, bringing its total valuation to just over $100 billion, according to CNBC. But Son said that the firm is worth almost double that figure, when its stakes in SoftBank Corp, the Saudi-backed Vision Fund and […]
source https://therealdeal.com/2019/02/07/softbanks-value-jumps-17b-following-share-buyback-strong-quarter/
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