SoftBank Group in talks to raise up to $100 billion from Gulf investors, FT reports

SoftBank Group CEO Masayoshi Son is aiming to raise up to $100 billion (approximately ¥15.8 trillion) from investors in Gulf states, the Financial Times reported on the 9th, citing people familiar with the matter. According to the FT, Son has held ongoing discussions over the past several weeks with prominent figures in the United Arab Emirates (UAE) and other Gulf region countries regarding potential fundraising. The specific size and intended use of the capital have not been disclosed. Reuters was unable to immediately verify the report. SoftBank Group did not respond to requests for comment. ‌ ‌ ‌ ‌ ‌ ‌