News Formal

WSJ News Exclusive | Signa Sports Attracts Investment From Saudi Arabia’s Public Investment Fund

  • 📰 WSJ
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Online retailer Signa Sports United is nearing a deal to raise money from a group of investors including Saudi Arabia’s sovereign-wealth fund, according to people familiar with the matter

.

Saudi Arabia’s Public Investment Fund would join Signa’s earlier backers, including Japan’s SoftBank Group Corp. , and Abu Dhabi sovereign-wealth fund Mubadala Investment Co., the people said. It would mark a reunion of sorts for the three investors, who were the cornerstones of SoftBank’s $100 billion Vision Fund, launched in 2016.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

LeBron James’s SpringHill Company Sells “Significant” Minority Stake To RedBird Capital, Fenway Sports, Nike & Epic GamesCapitalizing on a red-hot deal market, LeBron James’s SpringHill Company has sold what it calls a “significant” minority stake to RedBird Capital Partners, Fenway Sports Group, Ni…
Source: DEADLINE - 🏆 109. / 63 Read more »