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SoftBank mulls bringing 40 companies to Brazil

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Japan's SoftBank Group Corp is considering bringing around 40 companies wit...

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

“We have around 40 companies that fit in Brazil,” he said during an event at Cubo, a technological hub funded by Itaú Unibanco, the largest private bank in Latin America. Maciel, a former director at JPMorgan in Brazil, added Softbank plans to disclose a large investment in the country in the next two weeks. He did not elaborate.

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