REPORT: SoftBank is looking to buy Fortress for more than $3 billion - and Fortress is soaring
Advertisement
REUTERS/Kim Kyung-HoonSoftBank, the hyper-acquisitive Japanese telecommunications giant, is nearing a deal to buy the investment management firm Fortress Investment Group, Bloomberg reports, citing Dow Jones.
Advertisement
Fortress' stock soared 25% in after-market trading on the news.
More to come...
Advertisement
- Markets end FY24 on buoyant note amid positive global cues
- SRM Contractors IPO allotment – How to check allotment, GMP, listing date and more
- Rupee falls 6 paise to settle at 83.39 against US dollar
- 10 Fruits to keep you hydrated this summer
- 8 Benefits of drinking hot water every morning