In 50 Words: SoftBank acquires remaining 25% in Arm $64b valuation

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In 50 Words: SoftBank acquires remaining 25% in Arm $64b valuation

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SoftBank Group acquired the remaining 25% stake in Arm that it didn’t own from its Vision Fund division, in a deal valuing the chipmaker at US$64 billion.

The transaction may see SoftBank hold a 90% stake in Arm post-IPO. The IPO is set for September with a US$60 billion to US$70 billion valuation.

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