SoftBank hops on to Uber with mega deal

Uber Technologies approved SoftBank Group’s offer to buy a multibillion-dollar stake in the ride-hailing company, setting the stage for one of the largest private start-up deals ever. The agreement lets SoftBank and other firms invest up to $1 billion in Uber and proceed with a tender offer in coming weeks to buy up to $9 billion in shares from existing investors.

The deal could still fall through if there aren’t enough interested sellers. The deal also includes Uber governance changes.    “We’ve.....

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