Softbank evaluating around 40 Brazilian companies for investment: exec

FILE PHOTO: The logo of SoftBank Group Corp is displayed at the SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo September 20, 2019
SAO PAULO (Reuters) – Japan’s SoftBank Group <9984.T> is evaluating around 40 Brazilian companies with high growth potential for possible investments, the group’s head in Brazil, André Maciel, said on Friday.
The executive said that SoftBank will announce a large investment in Brazil in around two weeks’ time. He did not provide more details.

(Reporting by Aluisio Alves)

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