Mubadala Said to Consider Investing in SoftBank’s Tech Fund

Abu Dhabi investor Mubadala Development Co. is in talks with SoftBank Group Corp. about a potential multi-billion dollar investment in its technology fund, people familiar with the matter said.

Japan’s SoftBank, run by Masayoshi Son, is also in talks with European and North American investors, one of the people said, asking not to be identified because the deliberations are private. No final agreements have been reached and talks may still falter, the people said. The Qatar Investment Authority sovereign wealth fund is also in discussions to join the project, people familiar with the matter said last month.