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SoftBank succeeds in tender offer for large stake in Uber: WSJ

(Reuters) – SoftBank Group Corp (9984.T) has succeeded in its bid to buy a large stake in Uber Technologies Inc [UBER.UL] at a steep discount, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

The ride-hailing company’s investors and employees tendered shares equal to about 20 pct of the company, the WSJ reported. (on.wsj.com/2ChJNyS)

Reporting by Laharee Chatterjee in Bengaluru; Editing by Anil D’Silva

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