Uber Technologies Inc. plans to move ahead with a deal to bring in technology giant SoftBank Group Corp. as a major investor by disclosing the pricing early next week in formal tender offers to the ride-hailing service's investors, two people familiar with the plans said on Friday.
The start of the tender follows Uber's disclosure on Tuesday that it covered up a 2016 data breach which compromised the data of some 57 million customers and drivers. That revelation prompted governments around the world to launch probes into the breach and Uber's handling of the matter.
The people familiar with the plans did not say how much investors would be offered for the shares, or say if the price had been cut due to the breach or governments' response to the disclosure.