SoftBank’s Fortress acquisition may signal interest in more GP deals

Softbank, Fortress Investment, m&a, merger, private equity
  • SoftBank agrees to buy Fortress in $3.3 bln deal
  • Fortress sale comes decade after firm went public
  • Briger, Edens, Nardone reap $1.39 bln from sale: Bloomberg
 Softbank Group Corp may have just gotten started.  Its $3.3 billion acquisition of Fortress Investment Group, announced Feb. 15, may be the bank’s first of several such GP deals, a private equity executive said. SoftBank is expected to follow the route set by ...

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