Wednesday, 24 May 2017

Softbank buys investment firm Fortress for $3.3bn

By Nick Wood, Total Telecom
Wednesday 15 February 17

Acquisition brings in additional expertise ahead of venture capital fund launch.

Softbank on Wednesday agreed a $3.3 billion (€3.13 billion) acquisition of Fortress Investment, a U.S.-based asset management firm. The publicly-listed company boasts 1,750 institutional clients and private investors…

Softbank on Wednesday agreed a $3.3 billion (€3.13 billion) acquisition of Fortress Investment, a U.S.-based asset management firm. The publicly-listed company boasts 1,750 institutional clients and private investors…

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