Funding Secured? A Private SoftBank Seems Unlikely

Taking SoftBank private may sound nice to its flamboyant founder Masayoshi Son. But carrying it out won’t be easy. Mr. Son’s erratic investment style has never fit well with the scrutiny he has received as the chairman of a publicly listed company. The latest case in point: SoftBank’s shares fell 10% in three days last week after reports revealing the company’s massive option bets on tech stocks. Making SoftBank a private company would remove such visible volatility, especially since Mr. Son has long complained that the market…

Source link

error: Content is protected !!