Abu Dhabi's Mubadala may invest up to $25b in SoftBank Vision Fund 2: Report:
Abu Dhabi’s sovereign wealth fund Mubadala Investment Company may invest as much as $25 billion in SoftBank Group Corp.’s second Vision Fund, according to a report by Wall Street Journal.
The $227-billion Mubadala is an existing investor in the Vision Fund, having committed $15 billion to the first fund.
Two weeks ago, SoftBank announced it has gathered some $108 billion for Vision Fund 2. It had signed memoranda of understanding with 12 investors including the sovereign wealth fund of Kazakhstan, Microsoft Corp and Japan’s three mega banks, as well as existing Vision Fund backers Apple Inc and Foxconn.
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