SoftBank, Foxconn form joint venture to expand investments

Japan’s SoftBank Group Corp and Taiwan’s Foxconn have agreed to form a joint venture, as the two large Asian technology companies expand their ties.

The arrangement involves Foxconn buying a 54.5% stake in SoftBank Group Capital Apac Pte Ltd, a wholly owned SoftBank unit, for $600 million.
What can be the possible questions from above news:

Q1. Name the Private lender, which has agreed to form a joint venture with Foxconn, recently.

Share your answer in the comment section
Source- The Indian Express

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