Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Tokyo  >  SoftBank Group Corp    9984   JP3436100006

SOFTBANK GROUP CORP (9984)
My previous session
Most popular
  Report  
SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

SoftBank : Mubadala to launch $400m European tech fund

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/14/2018 | 05:47pm CEST

UAE-based Mubadala Investment Company (Mubadala) has planning to create a $400 million fund which will mainly invest in leading European technology companies.

The announcement was made during London Tech Week, a week-long festival of technology and innovation focused on creating new innovative investment opportunities in the UK.

Mubadala said the fund will be managed by its venture capital arm, Mubadala Ventures and SoftBank Group will participate as a strategic investor via its SIMI US Holdings I, investment subsidiary.

The fund will target founder-led, high growth technology companies with global scale and impact, said the Abu Dbai-based firm in its statement.

The fund will work closely with early-stage UK and other European funds. As part of its European strategy, Mubadala Ventures will expand its fund of funds programme and invest in both established and emerging fund managers across the continent, it added.

Unveling the plans, Waleed Al Mokarrab Al Muhairi, the Deputy Group CEO and Alternative Investments & Infrastructure CEO at Mubadala, said: "We believe the UK is a very strong market for future technology innovation and entrepreneurship. Tech Week reinforces both its existing technology base and the call for new investors in the UK."

"Mubadala’s investment approach is based on partnership and this is exemplified through the strong working relationship we have established with the SoftBank Group. The launch of a $400 million fund to support the growth of pioneering entrepreneurs complements Mubadala’s global portfolio of investments across the full spectrum of the tech sector," he stated.

Source: TradeArabia

(c) 2018 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SOFTBANK GROUP CORP
01:45pT-Mobile runs behind-the-scenes PR push to support Sprint deal
RE
08/19EXCLUSIVE - SAUDI PIF IN TALKS TO IN : sources
RE
08/18SPRINT : compensates family subjected to racist texts due to employee's error
AQ
08/17SOFTBANK : names Robert Townsend chief legal officer
AQ
08/14SOFTBANK : Robert Townsend to Join SoftBank Group as Chief Legal Officer and Sen..
AQ
08/14Alaska Regulatory Commission Issues Order Involving T-Mobile
AQ
08/14SOFTBANK : Robert Townsend to Join SoftBank Group as Chief Legal Officer and Sen..
BU
08/13SPRINT : Business Earns Frost & Sullivan's New Product Innovation Award for Its ..
AQ
08/12EXCLUSIVE : Saudi Arabia's PIF has shown no interest in bankrolling Tesla buyout..
RE
08/11RESULTS OF TENDER OFFER BY SOFTBANK : 4689)
AQ
More news
News from SeekingAlpha
08/18VENTURE CAPITAL DEALS OF THE WEEK : Alphabet's $375M Bet On Oscar Health 
08/15NAR : Apple faces Japan antitrust regulators over Yahoo game platform 
08/13SoftBank names Townsend as chief legal officer 
08/11VENTURE CAPITAL DEALS OF THE WEEK : SoftBank Hands WeWork $1B 
08/10Contagion Concerns Erupt From Turkey (Wall Street Breakfast Podcast) 
Financials (JPY)
Sales 2019 9 354 B
EBIT 2019 984 B
Net income 2019 684 B
Debt 2019 12 280 B
Yield 2019 0,44%
P/E ratio 2019 15,02
P/E ratio 2020 6,91
EV / Sales 2019 2,49x
EV / Sales 2020 2,43x
Capitalization 11 029 B
Chart SOFTBANK GROUP CORP
Duration : Period :
SoftBank Group Corp Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SOFTBANK GROUP CORP
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 13 245  JPY
Spread / Average Target 32%
EPS Revisions
Managers
NameTitle
Masayoshi Son Chairman, President & Chief Executive Officer
Raul Marcelo Claure Chief Operating Officer & Director
Norikazu Oba Manager-Finance & Planning
Tadashi Yanai Independent Outside Director
Ken Miyauchi Representative Director & Vice President
Sector and Competitors
1st jan.Capitalization (M$)
SOFTBANK GROUP CORP8.29%99 765
AT&T-15.05%239 864
CHINA MOBILE LTD.-7.51%191 351
NTT DOCOMO INC9.33%101 002
KDDI CORP10.50%71 851
VODAFONE GROUP-25.20%60 044