Softbank CEO: ARM M&A began 2 weeks ago, £24B deal made ‘regardless of Brexit’, pound decline

Softbank CEO: ARM M&A began 2 weeks ago, £24B deal made ‘regardless of Brexit’, pound decline

Just after Softbank confirmed plans to acquire UK semiconductor company ARM Holdings for $24.3 billion in cash earlier today, people began to wonder if it was the result of the pound falling in the wake of the Brexit referendum vote. Not so, said Softbank’s CEO and founder Masayoshi Son. In a press …

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