Japan's SoftBank Group Corp is looking to acquire a 5 percent stake in Germ...
FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato
- Japan’s SoftBank Group Corp is looking to acquire a 5 percent stake in German payments company Wirecard AG, Bloomberg reported on Tuesday, citing people familiar with the matter. Softbank has engaged financial advisers and is working on a deal to acquire bonds that can be converted into Wirecard shares, Bloomberg reported, citing sources.Softbank and Wirecard were not immediately available to respond to a request seeking comment.
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