Arm is expected to confidentially submit paperwork for its initial public offering in late April, the sources said, speaking on condition of anonymity because the discussions are confidential. Arm Ltd, the British chip designer owned by Japan’s SoftBank Group Corp, is likely to aim to raise at least $8 billion from what is expected to […]
Adani Green Energy Share Surges as Firm Checks to Buy SoftBank’s Majority Stake in SB Energy
Adani Green Energy Limited (AGEL) share hit the upper circuit of five per cent on May 17, 2021. The hit was recorded amidst the reports saying that the firm was checking a proposal to purchase Japan’s SoftBank Group’s majority stake in solar power producer SB Energy. On BSE, the stock opened at a gain of […]
Adani Green Energy Share Hits Upper Circuit as Firm Eyes Softbank’s Majority Stake in SB Energy
Adani Green Energy stock touched an intraday high of Rs 1142.55, rising 5% on BSE. Later, the stock closed at same level. Adani Green Energy share hit upper circuit of 5% today amid reports that the firm was vetting a proposal to buy out Japan’s SoftBank Group’s majority stake in solar power producer SB Energy. […]
SoftBank’s $120 Million Norway Deal Has a High-Pay Theme to It
After spending $120 million on a stake in an online grocer in Norway, SoftBank Group Corp. is laying out the business logic of targeting a market that boasts Europe’s highest hourly labor costs. The deal is an example of how countries that pay average workers really well often come up with some of the smartest […]
