SoftBank is in talks to acquire the 25% stake in Arm Ltd it does not directly own from Vision Fund 1, a $100B investment fund it raised in 2017, potentially delivering a win for investors who have waited years for strong returns, Reuters’ Echo Wang and Anirban Sen report, citing people familiar with the matter. The discussions come as SoftBank, which currently owns 75% of Arm, is preparing to list the chip designer on Nasdaq next month at a valuation of $60B to $70B.
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