Abu Dhabi's Mubadala Development Company is in talks with SoftBank for a multi-billion dollar investment in its Vision Fund, which has set a $100bn target.
Mubadala Development Company, an investment vehicle owned by the Government of Abu Dhabi, has entered talks to invest in telecommunications and internet group SoftBank’s $100bn Vision Fund, Bloomberg has reported.
Japan-headquartered SoftBank announced the formation of the Vision Fund last month. It will invest $25bn in the fund itself and is negotiating with prospective limited partners to possibly increase its size to $100bn.
The United Arab Emirates-based Mubadala could potentially make a “multi-billion dollar” contribution to the fund, according…
