SoftBank Buys Vision Fund's Stake In Arm At Valuation of $64 Billion

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By BeauHDAug 18, 2023, 6:00 pm177 pts
According to Reuters, SoftBank has acquired the 25% stake in Arm it does not directly own from its Vision Fund unit. The new deal values the chip designer at $64 billion. From the report: Details of the transaction will be unveiled on Monday when Arm makes public the filing for its blockbuster stock market…

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