SoftBank Group <9984> transfers US Bright Star to investment funds to investment funds

The SoftBank Group (SBG) has a US Bright Star (Delaware State. Sales of 955 billion yen, 5.320 million yen, 1.44 billion yen in tax transfer $ 14.4 billion) on the 18th.It has announced that it will be transferred to a new company established by US investment fund Brightstar Capital Partners (New York).Transfer all shares of your holding company with Bright Star under the umbrella, and receive 25 % of cash and new companies' shares.The transfer price is not disclosed.The transfer is expected to be completed in March 2021.

SBG acquired Bright Star for about 110 billion yen in 2014.Brightstar Capital Partners, the transfer destination, is an investment fund established by former Brightstar executives.

ソフトバンクグループ<9984>、携帯端末卸販売の米ブライトスターを投資ファンドに譲渡

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2020-10- 23

Brightstar Global Group Inc.It was announced that the sale was completed on October 22, 2020 (US time).

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