[ TRANSACTION RECORD ]

SoftBank Group Corp Investment in ByteDance Ltd. — 2023

VERIFIED VECTOR ID: 001492 · tx-020
M SOURCE NODE — FUNDER
SoftBank Group Corp
Finance Japan
$7,600,000,000
EQUITY
22/12/2023
Q DESTINATION NODE — RECIPIENT
ByteDance Ltd.
Company China
Amount (USD)
$7.6B
Flow Type
EQUITY
Transaction Date
22/12/2023
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity SoftBank Group Corp
AUM 310000
HQ Location Japan
Sector Finance
Recipient Profile [ Q ]
Entity ByteDance Ltd.
Entity Type Company
Jurisdiction China
Intelligence Note

SoftBank Group Corp finalized the issuance of T-Mobile shares valued at 7.6 billion dollars to monetize its historical Sprint acquisition. This transaction represents a major liquidity event for SoftBank to fuel future investments in AI and technology. The deal is a significant milestone in SoftBank’s strategic asset management cycle.

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Primary Forensic Source https://www.softbank.jp/en/corp/news/press/2023/20231222_01/
✓ SOURCE LINKED