The Edgeof to acquire SoftBank Ventures Asia.

Financials

Edit Data

Transaction Value-

Consideration TypeCash

Capital Owned-

Capital Bid For100%

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

bidder

The Edgeof

target

Softbank Ventures Asia

vendor

Softbank Group Corp

Sources

Edit

Tags

Edit

Acquisition

South Korea

Private

Venture Capital

Friendly

Majority

Cross Border

Private Equity

venture capital

Pending

Single Bidder

Synopsis

Edit

The Edgeof, a Singapore-based VC firm, agreed to acquire SoftBank Ventures Asia, the venture arm of SoftBank. Financial terms were not disclosed. The acquisition is pending regulatory approval and is expected to be completed within 2023.