SoftBank to buy Fortress Investment for $3.3 billion


Japan’s SoftBank Group Corp has agreed to buy Fortress Investment Group LLC for about $3.3 billion, looking to add investment expertise as it prepares to launch the world’s largest private equity fund.

The all-cash deal is SoftBank’s first major investment in an asset manager and represents yet another unpredictable gambit for a group that has to date focussed on telecoms and technology. What can be the possible questions of above news:

Q1. Name the CEO of Japan Based Softbank?
Q2. Name the Company, which Softbank has agreed to buy for about $3.3 billion?
Share your answer in the comment section
Source- The Hindu


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