SoftBank is planning to allocate additional capital to Latin America-based deals after forming a $5bn regional fund two years ago.
Japan-headquartered internet and technology conglomerate SoftBank plans to invest an additional $5bn in the Latin American Region, Bloomberg has reported, citing people familiar with the matter.
The corporate formed a $5bn investment vehicle targeting the region in early 2019, and the prospective funding, which would double the allocation to $10bn, may be used to create a new SoftBank Latin America Fund or expand the size of the first, the sources said.
SoftBank also intends to expand the range of…
