, Columnist
SoftBank's Post-Brexit ARM
The British chip designer is moving into the internet of things.
This article is for subscribers only.
Brexit may be turning into a deals bonanza for Asian buyers seeking quality franchises at decent prices.
SoftBank is set to fork out $32 billion for the British chip designer ARM Holdings, just one week after Chinese billionaire Wang Jianlin's Dalian Wanda Group sealed a $1.2 billion deal to buy the U.K.'s Odeon & UCI Cinemas Group, citing the cheaper pound.