SoftBank Group Nears Deal to Buy ARM Holdings

Leslie Picker, reporting for the NYT:

SoftBank is nearing a deal to acquire ARM Holdings, the British semiconductor company, said two people briefed on the matter who asked not to be named discussing private information. […]

ARM, which designs chips and parts of chips, had a market capitalization of about $22 billion as of Friday’s close. ARM would be one of SoftBank’s largest acquisitions ever.

CNBC tweeted the price: “more than $32 billion”.

Monday, 18 July 2016