SoftBank Group aims to raise up to $100 billion from Gulf investors, FT reports

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Masayoshi Son, chief executive of SoftBank Group, is aiming to raise up to $100 billion from investors in Gulf countries, the Financial Times reported on the 9th, citing people familiar with the matter. According to the FT, Son has held talks in recent weeks with powerful figures in the Gulf region, including the United Arab Emirates, about a possible fundraising. Reuters could not immediately verify the report. SoftBank Group did not respond to a request for comment.

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SoftBank Group is aiming to raise up to $100 billion from Gulf investors, a major financing event for the company.