Softbank Vision Fund seeks to increase its stake in logistics courier service company Delhivery, according to regulatory filings sourced by data intelligence platform paper.vc. As per the filings, the venture capital firm plans to take the secondary transaction route by purchasing shares from an existing shareholder or shareholders. Softbank plans to buy shares constituting 3.28% of the firm’s capital.
— The Economic Times
SVF Doorbell (Cayman) Ltd, a subsidiary of SoftBank Vision Fund, will acquire certain further compulsorily convertible preference shares by which the aggregate holding will now be over 25%.
AZB & Partners advised
2019-09-18
Deal value: Confidential
This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.
threads most popular
thread most upvoted
comment newest
first oldest
first
threads most popular
thread most upvoted
comment newest
first oldest
first