SoftBank may retain nearly 10% stake, board representation in SB Energy deal
SoftBank currently owns 80% in SB Energy, which has a 7.7 gigawatts (GW) solar power portfolio in India. The rest 20% stake is held by Bharti Enterprises Ltd.
Japan’s SoftBank Group Corp. may retain around 10% stake and board representation in SB Energy Holdings after selling its controlling stake to Canada Pension Plan Investment Board (CPPIB), two people aware of the development said.
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