Softbank to shift 25 per cent stake in ARM to fund backed by Saudi Arabia, Apple and Qualcomm

clock • 2 min read

Transfer of stake will help SoftBank fulfill its promise to invest "at least $25bn" in SoftBank Vision Fund

SoftBank Group, which bought UK chip designer ARM in July last year for £24.3bn, is planning to pass-on a 25 per cent stake in the company to a technology fund backed by the government of Saudi Ara...

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