SoftBank to add $15 billion to tech fund

SoftBank Group, Japanese multinational conglomerate, is planning to add $15 billion to its Vision Fund which is backed by Saudi Arabia. SoftBank has considered a variety of ways to expand Vision Fund, including raising more capital, persuading investors in Saudi Arabia and Abu Dhabi to waive debt repayments rights, or taking out more bank loans, said the sources.

Elvis Gomes

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