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SoftBank Plans Additional $5 Billion Investment in Latin America, Bloomberg Reports

--SoftBank Group Corp. is planning to invest an additional $5 billion in companies in Latin America, which would double its commitment to the region, Bloomberg reported Friday citing unnamed sources.

--The additional capital may be used to set up a new SoftBank Latin America fund or to extend the existing fund that started in 2019, the report said.

 

Full story: https://bloom.bg/2UBi8GA

 

Write to Kosaku Narioka at kosaku.narioka@wsj.com

 

(END) Dow Jones Newswires

July 08, 2021 22:49 ET (02:49 GMT)

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