New Hurdle for SoftBank’s Uber Investment: Regulatory Review
SoftBank founder Masayoshi Son’s global buying spree is running into a potentially significant roadblock: the U.S. government.
The fate of Mr. Son’s most ambitious moves, including the financing of his $100 billion Vision Fund and SoftBank’s proposed investment in Uber, hinges in part on the approval of the Committee on Foreign Investment in the United States, an interagency panel that has the authority to probe and block foreign deals on U.S. national security grounds.