(Reuters) U.S. hedge fund Tiger Global has built a stake worth over $1 billion (757 million pounds)in SoftBank Group Corp (9984.T) as it considers the Japanese firm undervalued, a source with direct knowledge of the matter said, driving SoftBank shares up as much as 6.8 percent.
SoftBank’s cheap valuation draws $1 billion bet from U.S. fund Tiger Global
This entry was posted in Syndicated. Bookmark the permalink.
