SoftBank aims to keep control of Arm after IPO – report

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acquires Burnley IT specialist

Japanese owner may not believe it would get the valuation it has been seeking for a full sale

SoftBank is said to be planning to keep a controlling stake in Arm after its public offering, rather than divesting itself of the chip design firm as had been thought. The move may indicate that SoftBank does not believe it would get the valuation it has been seeking for a full sale of Arm.…

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