SoftBank's Son says Nasdaq listing most likely for chip designer Arm (DE.3AG1) - 24 iunie 2022

SoftBank Group Corp's founder and Chief Executive Masayoshi Son on Friday reiterated the Japanese conglomerate was most likely to list British-based chip designer unit Arm on Nasdaq, while stressing no decision has been made. Arm is an important source of capital for SoftBank, which has borrowed $8 billion against the unit's shares, in addition to procuring $13.2 billion using shares in Chinese e-commerce giant Alibabab (US.BABA) Group Holding Ltd in prepaid forward contracts.

https://finance.yahoo.com/news/1-nasdaq-listing-most-likely-023937089.html?.tsrc=fin-srch