Arm could eventually be relisted, Softbank hints


British chip-maker Arm could ultimately be relisted by Softbank as part of an exit deal for the technology giant’s $93bn (£66bn) venture capital fund, according to a senior Softbank executive.

Arm, one of the UK’s biggest technology firms, which designs chips for smartphones including Apple’s iPhone, was taken private by Softbank for £24bn two years ago.

Softbank corporate executive Yoshimitsu Goto suggested to investors at a closed event that a 25pc stake in Arm could be put up for a float over the 12-year life cycle of the Softbank Vision Fund, the technology giant’s venture capital fund.

Mr Goto told bankers at the Credit Suisse Asian Investment Conference in Hong Kong that “one possibility…

Facebook Comments

Comments are closed.