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SoftBank tender for Uber stake succeeds - WSJ

reuters | Posted on 2017-12-29 12:12 AM

(Reuters) - A consortium led by SoftBank Group Corp will go ahead with the purchase of a major stake in Uber Technologies Inc [UBER.UL] after existing investors in the ride services company agreed to sell shares at a price that values the startup at $48 billion, the Wall Street Journal reported on Thursday.

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