TOKYO : SoftBank Group''s Fortress Investment Group plans to buy unlisted Japanese golf course operator Accordia Golf for about 400 billion yen (US$3.50 billion), the Nikkei business daily said on Tuesday.Accordia is owned by private equity firm MBK Partners. (US$1=114.1800 yen) (Repor
TOKYO (Reuters) - SoftBank Group''s Fortress Investment Group plans to buy unlisted Japanese golf course operator Accordia Golf for about 400 billion yen ($3.50 billion), the Nikkei business daily said on Tuesday. Accordia is owned by private equity firm MBK Partners. ($1=114.1800 yen) (Reporting by Chang-Ran Kim; Editing by Clarence
SAN FRANCISCO--(BUSINESS WIRE)---- $SOFI--SoFi Technologies, Inc. (NASDAQ: SOFI) (SoFi or the Company) today announced a secondary offering of 50 million shares of its common stock by entities affiliated with SoftBank Group Corp., Silver Lake Partners, Qatar Investment Authority, Red Crow Capital, LLC and ChaChaCha SPAC 5, LLC (collectively, the Selling Stockholders). The offering consists entirely of shares of common stock of the Company to be sold by the Selling Stockholders and will not change t
Michael Burry Nukes His Portfolio, Exits All Bearish Positions Up until now, "the big short" Michael Burry was best known for periodically and inexplicably nuking his twitter account before promptly restoring it. Now, we can also his investment portfolio to the list of things the famous subprime shorter tends to nuke every now and then. As a reminder, two quarters ago Burry''s 13F caused a stir across trading desks when the "Big Short" revealed a major Tesla put, which with nominal value of $534 million and representing just over 800K underlying shares, was Burry''s largest position in Q1. Also notable was Burry''s aggressive positioning for a surge in inflation (as a reminder, it was Burry back in February warned that Weimar hyperinflation is coming), which as of March 31 he traded as follows: PUT on the TLT 20+ Year TSY bond ETF, equivalent to some 1.266MM shares or $171.5 million CALL on the TBT 20+ Year Treasury Ultrashort ETF, equivalent to 2.536MM shares or $55.1 million CALL on the TTT 20+ Year Treasury Ultrashort ETF, equivalent to 100K shares or $4.6 million CALL on the 3x levered TMV 20Y Treasury Bear ETF, equivalent to 38,400 shares or $3.1 million Outright long in the TBT 20Y Treasury Ultrashort ETF, amounting to 300,000 shares or $6.5 Million.
Late last year, we wrote about Tier Mobility after the Berlin, Germany-based e-scooter rental startup received a $250 million investment led by the Japanese giant SoftBank. The Series C funding round was also supported by additional funding existing investor Mubadala Capital alongside Northzone, Goodwater [] The post Berlin-based e-scooter operator TIER Mobility acquires bike-sharing startup Nextbike to become Europes largest micro-mobility provider appeared first on Tech News | Startups News .

Chinese Shares Trade Lower Despite Figures

01:10pm, Monday, 15'th Nov 2021 Baystreet Canada
Shares in Asia-Pacific were mixed on Monday as investors reacted to the latest Chinese economic data for October. In Japan, the Nikkei 225 gained 116.83 points, or 0.6%, to 29,776.80, as shares of conglomerate SoftBank Group jumped 2.2%. Preliminary estimates released Monday showed Japans gross domestic product declining an annualized 3% in the July-September quarter, far worse than the median market forecast for a 0.8% contraction. The Japanese yen traded at 113.94 per U.S. dollar, following last weeks weakening from levels below 113 against the greenback. In Hong Kong, the Hang Seng added 62.94 points, or 0.3%, to 25,390.31. The Australian dollar was at $0.7348, having slipped from above $0.74 last week. CHINA In China, the CSI 300 surrendered six points, or 0.1%, to 4,882.38 The losses in mainland China came despite Chinese economic data coming in better than expected. Data released Monday showed retail sales in China rose 4.9% year-on-year in October, higher than the 3.5% gain predicted in a Reuters poll.
SoftBank Group chief executive Rajeev Misra said the fund has invested $3 billion in Indian companies this year and can invest $5 billion to $10 billion in the South Asian nation next year if it finds
SoftBank Group Corp shares were untraded with a glut of buy orders on Tuesday morning in Tokyo, a day after the Japanese conglomerate said it would spend up to 1 trillion yen ($8.8 billion) buying bac
SoftBank Group Corp. (SFTBY) CEO Masayoshi Son on Q2 2022 Results - Earnings Call Transcript
Japan's SoftBank Group on Monday suffered its first quarterly net loss in 18 months owing to a plunge in its Vision Fund investments, including embattled Chinese ecommerce giant Alibaba and ride-haili
SoftBank Group Corp. said Monday that it plans to buy back up to 1 trillion yen ($8.82 billion) of its own shares to boost its stock, which it views as significantly undervalued.
SoftBank Group Corp said on Monday it would buy back up to one trillion yen ($8.82 billion) of its own shares, or 14.6% of outstanding stock.

SoftBank reports $3.5 billion net loss in Q2

01:06am, Monday, 08'th Nov 2021
SoftBank Group Corp slipped into the red with a 397 billion yen ($3.5 billion) loss for the July-September quarter, hit by falling valuations in the tech portfolio of its Vision Fund unit.
SoftBank Corp. (SOBKY) CEO Junichi Miyakawa on Q2 2021 Results - Earnings Call Transcript
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