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Uber says board approves governance changes, SoftBank investment
October 3, 2017 / 10:34 PM / in 16 days

Uber says board approves governance changes, SoftBank investment

The Uber logo is seen on mobile telephone in London, Britain, September 25, 2017. REUTERS/Hannah McKay

SAN FRANCISCO (Reuters) - Uber Technologies Inc on Tuesday said the board of directors had voted to move forward on governance proposals and an investment by Japan’s SoftBank Group Corp(9984.T), which it called a vote of confidence in the ride services company.

Uber in a statement said that the governance changes would “strengthen its independence and ensure equality among all shareholders.” It did not give further detail.

Reporting By Peter Henderson; Editing by Phil Berlowitz

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