November 14, 2017 10:42 am JST

SoftBank says considering investment in Uber but no final agreement reached

TOKYO (Reuters) -- Japan's SoftBank Group Corp said on Tuesday that it was considering investing in Uber Technologies Inc but there was no final agreement at this stage.

"If conditions on share price and a minimum of shares are not satisfactory for the SoftBank Group side, there is a possibility the SoftBank Group may not make an investment," it said in a statement.

Uber said earlier this week that a planned deal with SoftBank and Dragoneer Investment Group was moving forward. The investment could be worth up to $10 billion, two people familiar with the matter previously told Reuters.

SoftBank Group Corp.

Japan

Market(Ticker): TKS(9984)
Sector:
Industry:
Technology Services
Information Technology Services
Market cap(USD): 96,803.10M
Shares: 1,100.66M

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