- Joined
- May 28, 2019
- Messages
- 8,893
- Points
- 113
Image: Arm
The rocky road for the acquisition of Arm Holdings by NVIDIA has taken another turn. It is still unknown if the deal will fall through, but multiple politicians in the U.K. are already calling for a contingency plan should it do so. There is now a push to get Softbank, the current owner of Arm Holdings, which is located in Japan, to list it on the London stock exchange.
If this were to come to pass, it would mean the company, valued at £30 billion or around $45 billion USD, would be publicly offered in the country where its home office is located. It would also be one of the largest companies listed on the FTSE 100 Index. Concerns over potential national security risks in letting the company be offered to yet another overseas entity have largely...
Continue reading...