Softbank mulls bringing 40 corporations to Brazil: government


FILE PHOTO: The brand of SoftBank Group Corp is displayed on the SoftBank World 2017 convention in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photograph

SAO PAULO (Reuters) – (The September 20 corrects headline and first paragraph to say that Softbank is contemplating bringing round 40 corporations to Brazil, not evaluating round 40 Brazilian corporations with excessive progress potential for doable investments.)

Japan’s SoftBank Group (9984.T) is contemplating bringing round 40 corporations with excessive progress potential to Brazil, the group’s head within the nation, André Maciel, mentioned on Friday.

The chief mentioned that SoftBank will announce a big funding in Brazil in round two weeks’ time. He didn’t present extra particulars.

Reporting by Aluisio Alves

Author: Maxwell C.

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