SoftBank continues to sell assets to overcome ’foolish’ WeWork investment

SoftBank continues to sell assets to overcome ’foolish’ WeWork investment

SoftBank plans to offload all or part of its stake in Arm Holdings. Arm is a company that is all about chip design - they rely on an ecosystem of partners who license their designs to produce processors for smartphones, servers, desktops and laptops. As an example, Apple recently announced that Arm-based chips will power next-gen Macs. Goldman Sachs will be handling the IPO or sale of Arm.

Aleksandar
Aleksandar
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