SoftBank Group acquires new stake in Capital One, sells 71.5% of TSMC shares

M&A · Partnership

โดย Reuters·

Summary · why it matters

A filing with the U.S. Securities and Exchange Commission shows that SoftBank Group acquired a new stake in U.S. financial giant Capital One during the second quarter and sold 71.5% of its holdings in Taiwan Semiconductor Manufacturing Company. SoftBank Group purchased 276,811 shares of Capital One in the quarter, valued at 55.5 million dollars at the end of June. It also acquired 10,718 shares of Life360, which provides location-sharing services, valued at 488,500 dollars. Meanwhile, it sold 1.4 million TSMC shares for 269.8 million dollars, equivalent to 71.5% of its stake in the company.