(Reuters) - SoftBank Corp <9434.T> is expected to announce a $40 billion investment in its new technology fund, the Wall Street Journal reported on Wednesday.
The company has been raising cash for the sequel to its $100 billion Vision Fund. It has secured investments from Goldman Sachs Group Inc
SoftBank's board is set to approve a $40 billion investment into the fund on Thursday, according to the Journal. (https://on.wsj.com/2LEmBCr)
SoftBank did not immediately respond to a request for comment.
(Reporting by Akanksha Rana in Bengaluru; Editing by Anil D'Silva)
This story has not been edited by Firstpost staff and is generated by auto-feed.
Updated Date: Jul 25, 2019 02:05:26 IST