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SoftBank to sell 25% of Arm to Saudi-backed fund

Arash Massoudi and George Parker (Financial Times), Mar. 08, 2017 –

Japan's SoftBank is set to sell a roughly $8bn stake in Arm, the UK chip designer it purchased only six months ago, placing 25 per cent of Britain's largest technology company into a new, Saudi-backed $100bn investment fund.

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