SoftBank Group Corp. has told stakeholders in Uber Technologies Inc. that it would initially offer to buy shares at a nearly 30% discount to the company’s most recent valuation of $68 billion, according to a person familiar with the matter. The Japanese firm is leading a group of firms that plan to buy at least 14% of Uber by purchasing billions of dollars of shares from employees and investors at a valuation of $48 billion, and by investing at least $1 billion in the company at the previous valuation. As soon as Tuesday,...

Source: Wall Street Journal November 28, 2017 01:45 UTC