SoftBank's Fortress emerges as white knight for hotel chain Unizo with $1.3 billion bid
Hotel chain Unizo Holdings said Friday it has received a friendly buyout offer worth up to $1.3 billion from a SoftBank Group investment firm, in a deal that will help it fend off a rare hostile takeover bid from travel agency H.I.S. Co. U.S.-based Fortress ...
Twenty years in the making: The backstory behind the new Toyota-SoftBank joint venture
Appearing together at news conference on Thursday in Tokyo, Toyota Motor Corp. President Akio Toyoda and SoftBank Group Corp. Chairman Masayoshi Son recounted an episode 20 years prior that put the two at loggerheads over a proposed business venture. Fast forward 20 years and the ...
Saudi sovereign fund appoints former Dow Chemical CEO Andrew Liveris as special adviser
In its highest-profile appointment of any global manufacturing executive, Saudi Arabia's sovereign fund has named Andrew Liveris, the former chairman and chief executive of Dow Chemical, as a special adviser. Liveris will work closely with the Public Investment Fund (PIF) on matters of strategic importance, ...
SoftBank Group Corp. CEO Masayoshi Son is warming to an industry that's long been a favorite of billionaires looking to diversify their business empires. SoftBank could purchase as much as a third of Swiss Re AG, one of the world's largest reinsurers, according to people ...
