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Japanese giant Softbank set to take large stake in Uber

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(G.N.S) Dt. 29 Tokyo Japanese giant Softbank is set to take a large stake in Uber, expanding its holdings in transportation companies around the world. Softbank led a consortium that reportedly agreed to invest at least $8bn for a roughly 15% stake in the San Francisco-based ride-hailing company. The group will buy most of the shares from early investors in a deal that values Uber at about $48bn (£35.7bn). Uber

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