Business deals

SoftBank and Oyo in $100m plus deal for Japan apartment operator

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20191001 Ritesh Agarwal

Oyo CEO Ritesh Agarwal speaks during SoftBank World 2019 on July 18 in Tokyo. (Photo by Shihoko Nakaoka)

WATARU SUZUKI, Nikkei staff writer
October 1, 2019 18:00 JST

TOKYO -- SoftBank Group and Indian hotel startup Oyo have jointly acquired an 80% stake in Japanese rental apartment operator MDI.

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