SoftBank Shareholders Criticize Company After WeWork Wipeout

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SoftBank Shareholders Criticize Company After WeWork Wipeout
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Capital Group and Tiger Global have privately complained about SoftBank’s bad investments and executive loans

SoftBank Group Corp.’s biggest investors are putting pressure on the tech conglomerate over its governance and for a string of bad investments in its $100 billion investment fund.

Investors including Capital Group, hedge fund Tiger Global Management LLC and Southeastern Asset Management Inc. have privately criticized the company over losses in the Vision Fund in recent weeks, people familiar with the matter said.

 

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