SoftBank Nearing Deal to Sell Arm Holdings to Nvidia for More Than $40 Billion
September 12 2020 - 1:02PM
Dow Jones News
By Cara Lombardo and Maureen Farrell
BREAKING NEWS...
SoftBank Group Corp. is nearing a deal to sell British chip
designer Arm Holdings to Nvidia Corp. for more than $40 billion,
according to people familiar with the matter, the latest in a
series of big asset sales by the Japanese technology
conglomerate.
(More to Come)
Write to Cara Lombardo at cara.lombardo@wsj.com and Maureen
Farrell at maureen.farrell@wsj.com
(END) Dow Jones Newswires
September 12, 2020 12:47 ET (16:47 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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