SoftBank Explores Options for Chip Designer Arm Holdings
By Dana Cimilluca and Cara Lombardo
SoftBank Group Corp. is exploring alternatives including a full
or partial sale or public offering of British chip designer Arm
Holdings, which the Japanese conglomerate bought four years ago for
$32 billion, according to people familiar with the matter.
The review, which Goldman Sachs Group Inc. is advising on, is at
an early stage, the people said. It isnt' clear how much interest
there would be in Arm from financial or industry players, and it is
possible SoftBank will ultimately choose to do nothing.
Write to Dana Cimilluca at email@example.com and Cara
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(END) Dow Jones Newswires
July 13, 2020 16:48 ET (20:48 GMT)
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