SoftBank executives set to lose hundreds of millions on complex Wirecard trade inspired by Warren Buffett
But in September 2019, just one day after SoftBank officially inked the deal, SBIA cut its exposure to Wirecard by selling new bonds that could be exchanged for the company's stock, the FT reported.
The tricky deal was thought up by Akshay Naheta, a close colleague of Rajeev Misra, who runs the Vision Fund and is Masayoshi Son's chief lieutenant, the FT reported.
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