Report: Softbank selling a 25% stake in ARM Holdings
by from Techreport on (#2FTZK)
A scant six months ago, SoftBank acquired ARM Holdings for a whopping $32 billion. Now, the Japanese conglomerate is reportedly in "final-stage" talks to sell 25% of ARM Holdings to an investment fund, according to the New York Times.
The sale should go for $8 billion, matching the original purchase price percentage-wise. The investment fund that's buying the slice of ARM is called Vision ...