SoftBank Group Corp Chief Executive Masayoshi Son, whose $93 billion Vision Fund drew nearly half its money from Saudi Arabia, cancelled a speaking engagement at the kingdom's investment conference this week, a person close to the matter told Reuters.

SoftBank's Mayshi Son cancels Saudi conference speech

Walmart said earlier this month it will pay $16 billion for a roughly 77 percent stake in Flipkart. SoftBank owns an about 20% stake in Flipkart

SoftBank says selling entire Flipkart stake to Walmart

The deal, capping almost two years of talks, will help the Bentonville, Arkansas-based retailer fortify and boost market share against Amazon.com, which reportedly had tried to make a competing offer for a stake

Walmart buying 77% stake in Flipkart for $16 billion

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SoftBank's Mayshi Son cancels Saudi conference speech

SoftBank says selling entire Flipkart stake to Walmart

Walmart buying 77% stake in Flipkart for $16 billion