SoftBank to sell Fortress for over $2 billion


Abu Dhabi’s sovereign wealth fund is considering acquiring Fortress Investment Group from SoftBank Group, a deal that is close to being done… SoftBank bought Fortress in 2017, hoping to use the New York-based asset manager to help it manage its Vision Fund. The sale of the U.S. asset management company is said to be valued at more than $2 billion.
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