SoftBank’s Largest Deals in Latin America Are Still to Come

  • Next year may have fewer but larger transactions, Maciel says
  • SoftBank invested in 19 companies in the region in 2019
Photographer: Akio Kon/Bloomberg
Lock
This article is for subscribers only.

SoftBank Group Corp. has no plans to slow down its multibillion-dollar foray into Latin America.

After investing between 6 billion reais ($1.5 billion) and 10 billion reais in 19 firms in the region in 2019, the Tokyo-based firm is planning on potentially making fewer but larger deals in the new year, SoftBank Group International managing partner Andre Maciel told reporters in Sao Paulo.