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The Guardian - UK
The Guardian - UK
Business
Joanna Partridge

Owner of UK chip designer Arm says London still in running for flotation

CEO of the SoftBank Group Masayoshi Son in 2016.
CEO of the SoftBank Group Masayoshi Son in 2016. Photograph: Neil Hall/Reuters

The Japanese owner of the British chip designer Arm has said London is still in the running for the company’s upcoming stock market listing, after intensive lobbying to bring the initial public offering to the UK.

The chairman and chief executive of SoftBank Group, Masayoshi Son, told shareholders at the investment giant’s annual meeting that the US’s tech-focused Nasdaq stock exchange was still his “main preference”.

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