Deals
SoftBank Said Near Closing Technology Fund With $95 Billion
- Saudi Arabia, Apple and Qualcomm are among tech fund’s backers
- Son aims to make Vision Fund one of the largest tech investors
SoftBank Fund Said Near a Close
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SoftBank Group Corp. is close to announcing commitments of as much as $95 billion for its technology fund, people familiar with the matter said.
The fundraising close will be announced as soon as next week, said the people, asking not to be identified as the information is private. A representative for Tokyo-based SoftBank declined to comment.