SoftBank Officials Revive Talks to Take Company Private: FT

SoftBank Officials Revive Talks to Take Company Private: FT

SoftBank Group Corp. executives are reviving discussions about taking the technology company private, the Financial Times reported, citing people with direct knowledge of the matter.The talks are driven by frustrations over the persistent discount in SoftBank's $115 billion equity valuation compared with the value of its individual holdings, the Financial Times said. A number of fundamental changes to SoftBank's long-term business strategy also accelerated the talks.Internal opposition to a management buyout, however, remains strong, because there is strong prestige in Japan attached