SoftBank Aims For Arm IPO After Nvidia Dumps Takeover Plans
SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) aims for an initial public offering for Arm Ltd. Nvidia Corp's (NASDAQ:NVDA) just abandoned the proposed acquisition of the chip designer amid fierce opposition from regulators and customers. SoftBank will keep a $1.25 billion breakup fee with the deal's termination. Related Content: Nvidia Quietly Looks To Dump Its Arm Ambitions SoftBank looks for…
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