Softbank Vision Fund sells Cruise stake to GM

GM is buying the Softbank Vision Fund’s stake in Cruise for €2.1 billion. GM will also put another $1.35 billion into Cruise which had been pledged by Softbank. GM will end up with 80% of Cruise. GM bought Cruise in 2016 for a price thought to be between $500 million and $1 billion.. In 2018, ...

This story continues at Softbank Vision Fund sells Cruise stake to GM

Or just read more coverage at Electronics Weekly