Thursday, April 26, 2018

SoftBank in Talks to Buy IPO Shares of Chinese Electric-Car Maker NIO

Japan’s SoftBank Group Corp. is in talks to purchase a large chunk of shares in the upcoming initial public offering of Chinese electric-vehicle maker NIO, according to people familiar with the matter, a move that could help bolster a multibillion-dollar valuation for the startup.

from WSJ.com: US Business https://ift.tt/2FhPvkt
via IFTTT

No comments:

Post a Comment