SoftBank-backed SPAC to take Mapbox public in $2 bln deal - Sky News

Credit: REUTERS/TORU HANAI

April 23 (Reuters) - Mapbox, a location data services provider, is in talks to go public through a merger with a blank-check firm backed by SoftBank Group Corp 9984.T in a deal that could value the company at around $2 billion, according to a Sky News report on Friday.

The Washington-based company is in talks with SVF Investment Corp 3 SVFC.O to take it public, the report said, citing a U.S. banking source. https://bit.ly/3aCbYLw

(Reporting by Sohini Podder in Bengaluru; Editing by Vinay Dwivedi)

((sohini.podder@thomsonreuters.com;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.