https://techcrunch.com/2017/11/27/softbank-makes-offer-for-uber-shares-at-30-discount/

A SoftBank Group-led team of investors has made an offer to buy Uber’s shares in a tender offer that would value the company at about a 30% discount to Uber’s last private valuation of nearly $70 billion, a source with knowledge of the proposed deal tells TechCrunch. We’re hearing that the proposed price per share is $32.96, which works out to under $50 billion.

Bloomberg first reported the latest development, which follows months of talks about both a direct investment in the ride-hailing company and also a large purchase of the shares of existing shareholders.