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Softbank to put Arm back on stock market within 5 years

Monday 24 June 2019 | 09:30 CET | News
Softbank founder Masayoshi Son said chip designer Arm will come back to the market within the coming five years, the Nikkei reported. Softbank bought Arm three years ago for USD 32 billion. Son did not rule out a listing in China or the US. "I don't know which market it will be, but Arm will be preparing for IPO within the next five years,"the CEO told reporters in Taipei, Taiwan.

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Categories: Mobile & Wireless
Companies: ARM / Softbank
Countries: World
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