Billionaire Masayoshi Son considered conducting a management buyout of SoftBank Group Corp. earlier this year and entered talks with an overseas partner, according to people with direct knowledge of the plan.

Son had talks with at least one lender before scrapping the plan at least three months ago when he could not agree with the overseas partner on financing conditions, the people said, asking not to be identified because they are not authorized to discuss the matter. While it was the top possible deal earlier this year, Son is no longer considering using that partner, the people said without elaborating.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.