Asian – BSIC | Bocconi Students Investment Club

Barbarians at the Fortress Gate: SoftBank Shows its Global Ambitions

SoftBank Group Corp (TYO:9984)—market cap as of 17/02/17: ¥88.84tn (€74.19bn) Fortress Investment Group LLC (NYSE:FIG)—market cap as of 17/02/17: $3.08bn Introduction On February 14, 2017, the Japanese conglomerate SoftBank Group Corp. announced the acquisition of Fortress Investment Group LLC for $3.3bn in cash. The deal represents a radical departure from Read more…

By BSIC, 8 years18 February 2017 ago

Equity Indices Macroeconomy Markets Old Articles

Is 2015 the new 1997/1998?

Macroeconomic scenario in 1997 In 1997, speculative attacks against the Thai baht forced the country to float and devalue its currency in a move that was followed by the Philippines, Malaysia, Singapore, and Indonesia. Then, Hong Kong stock market experienced a massive decline, which consequently led to losses in markets Read more…

By BSIC, 9 years10 October 2015 ago