Skip to comments.SoftBank's Son said to plan meeting with Trump in New York (Raising a $100B investment fund)
Posted on 12/06/2016 12:09:57 AM PST by 2ndDivisionVet
SoftBank Group Corp founder and chief executive officer Masayoshi Son is planning to meet with President-elect Donald Trump in New York on Tuesday, a person with direct knowledge of the matter said.
Mr Son, 59, has no specific agenda but wants to meet Mr Trump as an investor in the US, including in wireless operator Sprint Corp, said the person, who asked not to be identified because the matter is private. Shares in SoftBank rose on the news, climbing 2.5 per cent to 6,975 yen in Tokyo, their highest since Aug. 31.
The Japanese billionaire is in the process of raising a US$100 billion investment fund and is interested in putting some of the money into the US, the person said. Mr Son made his fortune from investments in Japan and China, but has had a mixed record in the US.
SoftBank bought control of Sprint in 2013 only to see it lose ground to rivals including T-Mobile US Inc. Mr Son's attempt to engineer a merger between the No 3 and No 4 wireless players was rebuffed by the Obama administration, but a new government may have a different take on communications policy....
(Excerpt) Read more at businesstimes.com.sg ...
Unlike wee barry, who went on a back slapping, self-congratulation world tour, everyone is flocking TO Trump; calling him on the phone, or seeing him in person.
That’s a HUGE amount of money!
True and they can see what we do.....that Trump is going to be a GREAT president.
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