SoftBank Group Corp. founder and Chief Executive Officer Masayoshi Son was to meet with President-elect Donald Trump in New York on Tuesday, a person with direct knowledge of the matter said.
Son has no specific agenda for the meeting but wants to meet Trump as an investor in the U.S., including in wireless operator Sprint Corp., said the person, who asked not to be identified because the matter is private. The Japanese billionaire is in the process of raising a $100 billion investment fund and is interested in putting some of the money into the U.S., the person said.
Son, 59, made his fortune from investments in Japan and China, but has had a mixed record in the U.S. SoftBank bought control of Sprint in 2013 only to see it lose ground to rivals including T-Mobile US Inc. Son's attempt to engineer a merger between the No. 3 and No. 4 wireless players was rebuffed by the Obama administration, but a new government may have a different take on communications policy.
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