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SoftBank Plans to Keep a Stake in Arm After Partial Sale: Nikkei

Bloomberg logoBloomberg 3 days ago Molly Kissler
a person standing posing for the camera: Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., bows during a news conference in Tokyo, Japan, on Wednesday, Feb. 12, 2020. In a sign of continuing struggles with its startup investments,�SoftBank�lost money again in its Vision Fund, one quarter after the Japanese company posted a record quarterly loss driven by the meltdown at�WeWork. © Photographer: Kiyoshi Ota/Bloomberg Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., bows during a news conference in Tokyo, Japan, on Wednesday, Feb. 12, 2020. In a sign of continuing struggles with its startup investments,�SoftBank�lost money again in its Vision Fund, one quarter after the Japanese company posted a record quarterly loss driven by the meltdown at�WeWork.

(Bloomberg) -- SoftBank plans to keep a stake in the chip designer Arm, even if it sells a partial interest to Nvidia, Nikkei reported.

The companies are currently negotiating terms, Nikkei reported citing sourcesSoftBank may take a stake in Nvidia after it buys Arm Nvidia and Arm may also merge through a share swap, and SoftBank would become a major shareholder in the combined company NOTE: July 31, Nvidia Said in Advanced Talks for SoftBank Chip Company Arm

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