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Swiss Re says SoftBank stake in firm unlikely to exceed 10% as talks continue

Retrieved on: 2018-04-04 16:15:00

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Swiss Re says SoftBank stake in firm unlikely to exceed 10% as talks continue. View article details on hiswai:

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<div>ZURICH • Billionaire Masayoshi Son's <b>SoftBank Group</b> Corp is likely to take a stake of 10% or less in Swiss Re AG as it seeks to gain a foothold in the cash-rich reinsurance industry. The Swiss company's shares fell as much as 3.1%. The companies are in talks about strategic cooperation as well as the ...</div>

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