SoftBank Buyout Talk Resurfaces After Record Loss Piques Market
- Some analysts are again speculating about a take-private deal
- Talk of a buyout has emerged sporadically in past years
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Talk that SoftBank Group Corp. would be better off as a private company has re-surfaced after the Japanese investment powerhouse posted a record $23 billion loss.
SoftBank has evolved rapidly over the last ten years from a telecom company and strategic investor to the world’s biggest pool of tech capital. It’ll look even more like a pure investment house as it continues to buy back its own stock and sell or pare assets, including its stake in Alibaba Group Holding Ltd.