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SoftBank’s Son Says Still Deciding Where to List Chip Giant Arm

Masayoshi Son

Masayoshi Son

Photographer: Kentaro Takahashi/Bloomberg

SoftBank Group Corp. hasn’t made a final decision on where to debut chip subsidiary Arm Ltd. though the Nasdaq remained the most likely venue for an initial public offering, Chairman Masayoshi Son said.

The Japanese investment giant is still considering its options and is in talks with bankers and lawyers to float Arm in the US and the UK, Son told shareholders Friday.