Uber-SoftBank deal likely to occur next week: Uber board
Arianna Huffington, an Uber board member while speaking at a recent event said that the Uber-SoftBank deal is "very likely" to occur within the next week. The Japanese investment firm is looking to buy between 14% to 20% of the cab-hailing startup's shares, Huffington added. Uber's board had voted in favour of an investment deal with SoftBank, earlier in October.