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Softbank seeks $100 billion from Gulf investors, FT reports

Softbank seeks $100 billion from Gulf investors, FT reports

- Softbank Group 9984.T CEO Masayoshi Son is seeking to raise up to $100 billion from Gulf investors, the Financial Times reported on Friday, citing people familiar with the matter.

Son has held discussions in recent weeks with senior figures, including in the United Arab Emirates, over the possible fundraising, the FT added.

Reuters couldn't immediately verify the report. Softbank did not respond to request for comment.


(Reporting by Disha Mishra in Bengaluru; Editing by Mrigank Dhaniwala)

((Disha.Mishra@thomsonreuters.com))

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