Posted on Tuesday, July 14 2020 @ 14:27 CEST by Thomas De Maesschalck
Word is going around that SoftBank is mulling a sale of its ARM holding. The Japanese firm bought ARM for $32 billion in 2016 and WSJ
reports SoftBank is now exploring a full or partial sale.
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 newspaper says SoftBank is still in the early stages of reviewing its options. Ultimately, it may choose to do nothing. Perhaps a big investment fund could take ARM out of SoftBank's hands but other than this it will be interesting to see if a major tech firm shows interest. It would defnitely be a major acquisition, with a lot of antitrust pitfalls.
