Softbank evaluating around 40 Brazilian companies for investment: exec

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Japan's SoftBank Group is evaluating around 40 Brazilian companies...

FILE PHOTO: The logo of SoftBank Group Corp is displayed at the SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo

SAO PAULO - Japan’s SoftBank Group is evaluating around 40 Brazilian companies with high growth potential for possible investments, the group’s head in Brazil, André Maciel, said on Friday. The executive said that SoftBank will announce a large investment in Brazil in around two weeks’ time. He did not provide more details.

 

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