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July 12, 2018 06:51 am GMT

Tiger Global reportedly pours more than $1B into SoftBank, saying its shares are undervalued

Tiger Global has poured more than $1 billion into SoftBank Group, according to the Financial Times. The newspaper reports that the firm told investors SoftBanks shares are meaningfully undervalued. In response to a request for comment, SoftBank sent the same statement to TechCrunch as other media outlets: “We continue to believe the market significantly undervalues […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/tSGLvhtKgqQ/

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