08 March 2017
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Softbank to shift 25 per cent stake in ARM to fund backed by Saudi Arabia, Apple and Qualcomm
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 Arabia...
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