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Shares of technology companies ticked up as traders chased upward momentum in the sector, sparked by enthusiasm about new artificial-intelligence products. As China waved away an effort from. | May 22, 2023
SoftBank Group is in late-stage talks to sell asset manager Fortress Investment Group to Abu Dhabi-based sovereign wealth fund Mubadala for as much as US$3 billion, the Financial Times reported on Wednesday (May 10). The talks have been going on since last year and a deal, which will help Softbank pay down
RIYADH: SoftBank Group Corp. is in late-stage talks to sell asset manager Fortress Investment Group to Abu Dhabi-based sovereign wealth fund Mubadala for as much as $3 billion, the Financial Times reported on Wednesday. The talks have been going on since last year and a deal, which will help Softbank pay down its debt, could be announced later this month, the report said,