புதுப்பிக்கத்தக்க வணிக News Today : Breaking News, Live Updates & Top Stories | Vimarsana

ET exclusive: Softbank scraps renewable deal with CPPIB, to continue running SB Energy with Bharti
SECTIONS
Share
Synopsis
Differences over valuations, CPs, rights for minority shareholder scuppered months of negotiations; team informed this morning. Move seen as major embarrassment for Softbank founder Masayoshi Son.
Agencies
Masayoshi Son led Softbank Group has abandoned its plans to divest its renewable business in India SB Energy Holdings – after carrying out a full blown global sale process for over a year. The Japanese technology and telecoms conglomerate have terminated its agreement to sell its 80% stake in the joint venture to Canada Pension Plan Investment Board (CPPIB), earlier this week, after disagreements over valuation, terms and conditions of the shareholder agreement (SHA) and governance rights could not be resolved between all parties concerned, said multiple people aware of the developments. ....

Masayoshi Son , Sunil Mittal , India Sb Energy Holdings , Sustainable Energy Group , Softbank Group , Supreme Court , Bharti Enterprises , Sb Energy , Usb Group , Canada Pension Plan Investment Board , Share Purchase Agreement , Great Indian , Renewable Business , சுனில் மிட்டல் , நிலையான ஆற்றல் குழு , சாப்ட் பேங்க் குழு , உச்ச நீதிமன்றம் , பாரதி நிறுவனங்கள் , சாப்ட் பேங்க் , ஸ்ப் ஆற்றல் , ஸ்ப் குழு , கனடா ஓய்வூதியம் திட்டம் முதலீடு பலகை , நன்று இந்தியன் , புதுப்பிக்கத்தக்க வணிக ,