(Reuters) – SoftBank Group Corp is close to finalizing a deal to lead a $300 million investment in the autonomous driving unit of Didi Chuxing, news website The Information reported on Monday, citing people with knowledge of the situation. (https://bit.ly/2WJkHFD)
Earlier on Monday, SoftBank said it plans to raise as much as $41 billion to buy back shares and reduce debt, in an unprecedented move to restore investor confidence as a financial market rout pummels its shares and its portfolio companies.
(Reporting by Munsif Vengattil in Bengaluru; Editing by Maju Samuel)
