SoftBank succeeds in bid buy Uber shares

(Reuters) - A consortium led by SoftBank Group Corp successfully bought a large number of shares of Uber Technologies Inc [UBER.UL] in a deal that values the ride-services firm at $48 billion, Uber said on Thursday, handing a victory to new Chief Executive Dara Khosrowshahi.

from Reuters: Technology News http://ift.tt/2BQAPHO