Son's stake in the company rose to 34.2% from 32.2% as of end-September, the report said.
(Reporting by Bharat Govind Gautam in Bengaluru; Editing by Himani Sarkar)
(Reuters) - SoftBank Group Corp's billionaire chairman and chief executive officer, Masayoshi Son, has raised his stake in the company to 34%, taking him closer to a buyout of the Japanese conglomerate, Bloomberg news reported on Thursday.
Son's stake in the company rose to 34.2% from 32.2% as of end-September, the report said.
(Reporting by Bharat Govind Gautam in Bengaluru; Editing by Himani Sarkar)
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8,609 JPY | +1.10% | +0.69% | 79.54B | ||
1,900 JPY | +0.13% | -0.99% | 57.44B | ||
114.6 USD | +1.88% | +3.89% | 119B | ||
Mr. Masayoshi Son is a Chairman at Supercell Oy, a Chairman & Chief Executive Officer at SoftBank Group Corp., a Chairman & Chief Executive Officer at SB Investment Advisers (UK) Ltd. and a President & Representative Director at Wireless City Planning, Inc. He is on the Board of Directors at Arm Ltd. (United Kingdom), SoftBank Group Japan KK, SoftBank Corp. and Wireless City Planning, Inc. Mr. Son was previously employed as a Chairman by SVF Holdco (UK) Ltd., a President, CEO & Representative Director by Softbank Telecom Corp., a President, CEO & Representative Director by SOFTBANK BB Corp., a Chairman by Brightstar International Corp., a Principal by MIC America LLC, a President & Director by SoftBank Holdings, Inc., and a Member by Son Asset Management LLC. He also served on the board at Sprint Corp., Alibaba Group Holding Ltd. and Z Holdings Corp. He received his undergraduate degree from the University of California, Berkeley.
View full profileLinked companies | |
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SOFTBANK CORP. | Founder |
SOFTBANK GROUP CORP. | Chief Executive Officer |