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SoftBank plans to lend up to $20 billion to employees to invest in new fund - WSJ

FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in
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(Reuters) - Japan's SoftBank Group Corp is planning to lend up to $20 billion (16.5 billion pounds) to its employees, including Chief Executive Masayoshi Son, to buy stakes in its second Vision Fund, the Wall Street Journal reported on Saturday, citing people familiar with the matter.Son himself may account for over half of that amount, the Journal reported, adding that executives feel that such..
Date Published: Aug 17, 2019
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