SoftBank said to plan up to $25b in Saudi investments

SoftBank said to plan up to $25b in Saudi investments

Billionaire Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., gestures while delivering a keynote speech on the opening day of the Mobile World Congress (MWC) in Barcelona, Spain, on Monday, Feb. 27, 2017. Photographer: Pau Barrena/Bloomberg

SoftBank Group Corp. plans to invest as much as $25 billion in Saudi Arabia over the next three to four years as the Japanese company run by Masayoshi Son deepens investment ties with the kingdom, according to people familiar with the matter.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter