ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
SoftBank

SoftBank Vision Fund prepares blank-check acquisition vehicle

Move seen as way to bypass IPOs as cash-rich company looks to sell down assets

TOKYO (Reuters) -- SoftBank Group Corp's Vision Fund is targeting external funding for a blank-cheque acquisition company it plans to launch, a person familiar with the matter said, in a return to marketing its investing chops after a period of retrenchment.

SoftBank may put also its own capital into the company, whose size is undetermined, the person said, declining to be identified as the information is not public.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more