SoftBank Vision Fund pumps $800m into UK's Greensill

Private equity-backed firm now valued at $3.5 billion

20190513 Masayoshi Son Vision Fund

SoftBank Group CEO Masayoshi Son speaks during an earnings conference in Tokyo on May 9. (Photo by Ken Kobayashi)

WATARU SUZUKI, Nikkei staff writer

TOKYO -- SoftBank Group's $100 billion Vision Fund will plough $800 million into U.K. financing company Greensill, underscoring its aggressive push into the European financial technology sector.

The deal, announced Monday, values the supply chain financing company at $3.5 billion, said a person close to the deal who asked not to be named.

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