1. SoftBank Will Buy at Least 15% of Uber Shares at a Huge Discount from the Original $69 Billion Valuation

    SoftBank Will Buy at Least 15% of Uber Shares at a Huge Discount from the Original $69 Billion Valuation
    • Employees and shareholders have agreed to sell at least 15% of Uber to SoftBank.
    • SoftBank will buy the shares at a 30% discount.
    • SoftBank may also invest $1 billion in Uber at the company's original $69 billion valuation.

    SoftBank is buying as much of 15% of Uber shares at a whopping 30% discount, as first reported by the Wall Street Journal...

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    1. SoftBank offered to purchase shares from existing investors at an implied valuation of around $48 billion. As part of the overall transaction, were the tender offer to be successful, they will also invest purchase at least $1 billion of shares at our last round's valuation of approximately $69 billion.
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