SoftBank steps up to buy Fortress

Category: Asia, Global, U.S.A.
By Paul Mackintosh – Monday, February 20, 2017

SoftBank Group (SoftBank), one of the most active, most diversified, and at times, it seems, the most confusing investment groups to come out of the original tech bubble – has just stepped up to buy American private equity (PE) and alternatives major Fortress Investment Group (Fortress), for a price tag of US$3.3 billion in cash

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