Third highlight is Arm. With $32 billion, we acquired this company about 4 years ago. As of today, we, SoftBank Group, owns 75%, and 25% is held by SoftBank Vision Fund. Our - based on the investors, LP's request that the 25% are held by Vision Fund. In total of those 2, we have 100% in Arm. Recently, the media is covering some articles that back in - the 2023 that we are planning to relisting, so it was originally a listed company and relisting is not that difficult actually. However, of course, we need to make good performance and also collecting the initial cost, and that relisting is something that we have scheduled to relisting so that some interest over this company. As one of the options that we may study or explore are the option of selling a part or some or full of the company. Of course, another option is to bring forward the timing of IPO of this company. So that is another option that we can have. So we would like to closely study the best option. Of course, it's also up to the counterpart as well, so that we would like to explore the opportunities or options that we should be choosing as a best option.
SoftBank confirms ARM is for sale
Posted on Wednesday, August 12 2020 @ 9:02 CEST by Thomas De Maesschalck