SoftBank to sell 25% stake in ARM to Vision Fund: sources

SoftBank Group Corp. plans to sell a 25 percent stake in ARM Holdings Plc to a technology fund it is creating with Saudi Arabia after lead investors expressed a desire to include the chip-maker in their portfolio, according to people familiar with the matter. The company will receive about $8 billion (about ¥913 billion) for […]

The post SoftBank to sell 25% stake in ARM to Vision Fund: sources appeared first on The Japan Times.

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