SoftBank to raise up to $604m for acquisition vehicle

Conglomerate aims to use Nasdaq-listed SPAC to list companies quickly

20201222 SoftBank

SoftBank is looking to take advantage of a surge in public markets this year. (Photo by Manami Yamada) 

WATARU SUZUKI, Nikkei staff writer

TOKYO -- SoftBank Group on Monday filed in the U.S. to raise up to $604 million for a special purpose acquisition company, marking the conglomerate's latest attempt to ride a boom in public markets this year.

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