According to Bloomberg report on November 28, Beijing time，Informed sources said，The offer made by SoftBank Group and other investors to acquire existing shares of 188bet sports betting valued it at billion，30% discount from 188bet sports betting’s valuation of billion in its last round of financing。

Informed sources said，In addition to the tender offer to acquire existing shares of 188bet sports betting shareholders at a valuation of billion，SoftBank will also invest at least US billion in 188bet sports betting at a valuation of US billion。

The pricing brings 188bet sports betting one step closer to executing one of the largest private stock sales in company history。This stock sale transaction is also linked to the expansion of 188bet sports betting’s board of directors and a series of other corporate governance reforms，Further increasing the risk of trading。For 188bet sports betting’s new CEO Dara Khosrowshahi，Completing SoftBank’s investment is a top priority。

However，This deal has not yet been finalized。188bet sports betting shareholders need to sell their shares at a billion valuation，Although this valuation is 30% lower than the company’s current valuation，But for many early investors，This is an opportunity to make a fortune。If 188bet sports betting shareholders do not agree to sell a sufficient number of shares，Then Softbank will either increase the offer，Either exit the transaction。

Informed sources said，As part of the transaction，Many 188bet sports betting shareholders have agreed to sell their shares。

An 188bet sports betting spokesman declined to comment.

*This articleSource: Phoenix Technology, Author: Xiao Yu, original title: "SoftBank’s acquisition of 188bet sports betting is only US billion, a discount of 30%》.