Japan’s Softbank has taken another step in what it terms its ‘2.0 transformation strategy’ by striking a US$3.3bn deal to buy diversified investor Fortress Investment Group. The TMT corporation’s CEO and chair Masayoshi Son said that alongside its soon-to-be-launched Softbank Vision Fund, Fortress would accelerate Softbank’s plan to “drive sustainable long-term growth” through “bold, disciplined investment and world class execution”. […]
