SoftBank Vision Fund to invest $2.25 billion in GM Cruise

[May 31, 2018]  (Reuters) - General Motors Co <GM.N> said on Thursday that Japan's SoftBank Group Corp <9984.T> will invest $2.25 billion through its Vision Fund in GM Cruise Holdings LLC, the carmaker's autonomous vehicle technology.

GM will also invest $1.1 billion in the unit after the deal closes, the company said.

(Reporting by Sanjana Shivdas in Bengaluru)

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