BBCNEWS World Business Report February 8, 2022 05:39:00
This chip design and capability. there were concerns from uk regulators for national security reasons that arm would leave britain and would go to the united states. in terms of what happens now from the softbank point of view, the likely scenario will be that they will try to off—load arm through an ipo, and that will raise a lot less cash than a sale would, and they do need the money, many other big investments recently have not paid off, they have a lot of big assets trading below their listing price, and they were hoping to double their money through this sale, but it hasn't paid off, as...