GM buying Softbank's stake in Cruise for $2.1B, putting in additional $1.35B - Green Car Congress


3/19/2022 12:00:00 AM3 years 1 month ago

General Motors is acquiring SoftBank Vision Fund 1’s equity ownership stake in autonomous vehicle company Cruise for $2.1 billion and separately will make an additional $1.35 billion investment in Cruise, replacing a previous commitment made by the fund in 20…

General Motors is acquiring SoftBank Vision Fund 1s equity ownership stake in autonomous vehicle company Cruise for $2.1 billion and separately will make an additional $1.35 billion investment in Cru… [+1974 chars]

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