SoftBank buys Vision Fund’s stake in Arm at valuation of $64 billion

SoftBank buys Vision Fund’s stake in Arm at valuation of  billion

NEW YORK, – SoftBank Group Corp has acquired the 25% stake in Arm Ltd it does not directly own from its Vision Fund unit in a deal that values the chip designer at $64 billion, according to people familiar with the matter. Details of the transaction will be unveiled on Monday when Arm makes public … Read more