Softbank scheme to invest $10 bn for 14% of Uber

Softbank and Dragoneer Investment Group are to invest $1 billion in Uber at a $70 billion valuation on condition that it has a tender offer of $9 billion accepted at a lower valuation which would bring the Softbank/Dragoneer stake to around 14% of Uber. The tender offer will be made to all Uber shareholders on ...

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