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World's largest asset manager doubles stake in SoftBank Group
short by Hiral Goyal / on Wednesday, 19 May, 2021
World's largest asset manager BlackRock has more than doubled its stake in Japanese conglomerate SoftBank Group. BlackRock now owns 5.15% of SoftBank, up from 2.5%, through a variety of entities, filing with Japan's Finance Ministry revealed. This makes BlackRock the fourth largest shareholder after SoftBank Founder Masayoshi Son, Nomura Holdings and JPMorgan Chase, as per Bloomberg data.
read more at BloombergQuint