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Business deals

Saudi Arabia to invest $45bn more in SoftBank funds

Kingdom likely to be a continued supporter of Son's investment vehicles

Saudi Crown Prince Mohammed bin Salman is ready to have additional investments made into SoftBank Vision Funds.   © Reuters

TOKYO -- The Saudi Arabian government is prepared to pour an additional $45 billion into funds operated by Japan's Masayoshi Son, who is planning on setting up additional investment vehicles alongside the existing $100 billion SoftBank Vision Fund, indicating that the Middle Eastern kingdom will likely continue to be an investor in these endeavors.

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