Abu Dhabi wealth fund Mubadala may announce its $2 billion purchase of Fortress Investment Group from SoftBank in the coming weeks.
According to the sources, Rajeev Misra, CEO of SoftBank Investment Advisers, is playing a key role in brokering the deal due to his close ties to Abu Dhabi and knowledge of Fortress. According to the report, no final decisions have been made, and the deal could still fall apart. In 2017, SoftBank acquired the US asset management firm Fortress to assist in the management of its Vision Fund.
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Abu Dhabi wealth fund Mubadala may announce its $2 billion purchase of Fortress Investment Group from SoftBank in the coming weeks.
According to the sources, Rajeev Misra, CEO of SoftBank Investment Advisers, is playing a key role in brokering the deal due to his close ties to Abu Dhabi and knowledge of Fortress. According to the report, no final decisions have been made, and the deal could still fall apart. In 2017, SoftBank acquired the US asset management firm Fortress to assist in the management of its Vision Fund.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
