Rakuten Mobile to raise up to $2b from Macquarie, British Columbia in sale-leaseback deal

Rakuten Mobile to raise up to $2b from Macquarie, British Columbia in sale-leaseback deal

Source: Rakuten Mobile's website

The mobile subsidiary of Japanese e-commerce giant Rakuten Group is planning to raise new funding in a sale-leaseback deal that will see Macquarie’s Asia fund and Canadian pension manager British Columbia Investment Management investing in its mobile network assets through a consortium. 

Edited by: Joymitra Rai