SoftBank succeeds in tender offer for Uber shares

(Reuters) - A consortium led by SoftBank Group Corp will buy a large number of shares of Uber Technologies Inc [UBER.UL] in a deal that values the ride-services firm at $48 billion, Uber said on Thursday, in a victory for new Chief Executive Dara Khosrowshahi.

from Reuters: Top News http://uk.reuters.com/article/uk-uber-softbank-tender/softbank-succeeds-in-tender-offer-for-uber-shares-idUKKBN1EM1N4?feedType=RSS&feedName=topNews