SoftBank Said to Near $2 Billion Sale of Fortress to Mubadala

SoftBank Said to Near $2 Billion Sale of Fortress to Mubadala

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses Softbank's strategy to sell its US asset manager, Fortress, as part of efforts to reduce costs and improve its financial standing after significant losses in its Vision Fund. The success of these efforts is closely tied to stock market performance, particularly high-growth tech stocks. Future sales of other assets are likely, and Softbank's fortunes depend on global market recovery.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Softbank face in turning around its earnings?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What developments can we expect regarding Softbank's other assets and holdings?

Evaluate responses using AI:

OFF