Deals
SoftBank Explores a Sale or IPO of Chip Company Arm
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SoftBank is exploring options for selling part or all of its stake in Arm Holdings Inc., either through a private deal or a public stock listing, according to people with knowledge of the matter.
If it pursues a listing, the chip-design company could go public as soon as next year, said the people, who asked not to be identified because the deliberations are private. That would accelerate a timeline SoftBank Group Corp. founder Masayoshi Son laid out in 2018, estimating an initial share sale for Arm some time around 2023, a goal repeated in October by Arm Chief Executive Officer Simon Segars.