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Writer's pictureRobert Ver

SoftBank buys Vision Fund stake in Arm for $64 billion valuation


Details of the deal will be made public soon when Arm releases a bid to launch its blockbuster on the stock market, the sources said.


According to sources, SoftBank is now expected to sell fewer Arm shares in its initial public offering (IPO) and likely retain up to 90% of the company's shares.


At the same time, the capital gain of Arm from the IPO will be less. than the range of $8 billion to $10 billion that was previously planned.

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Forex Award | World Forex Award | Forex
Forex Award | World Forex Award | Forex
Forex Award | World Forex Award | Forex
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