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