June 12, 2025
SoftBank looking to buy remaining 25% stake in Arm from its Vision Fund: report

SoftBank looking to buy remaining 25% stake in Arm from its Vision Fund: report

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Last Updated: Aug. 14, 2023 at 7:50 a.m. ET First Published: Aug. 13, 2023 at 3:54 p.m. ET

Japan’s SoftBank already owns 75% of Arm.

AFP via Getty Images

SoftBank Group Corp. is reportedly in discussions to purchase the 25% stake in chip designer Arm Ltd. that is held by its Vision Fund 1, ahead of a highly anticipated IPO.

Reuters reported Sunday that Japan’s SoftBank 9984, -2.87% — which owns 75% of Arm — is negotiating a deal with VF1, the $100 billion investment fund it created in 2017, and noted that a deal could give VF1 investors a big boost after years of meager returns. Saudi Arabia’s Public Investment Fund and Abu Dhabi’s Mubadala Investment Co. are among VF1’s largest investors.

SoftBank is planning to launch a long-awaited initial public offering for British chip designer Arm as soon as September. That will likely be the biggest IPO of the year on Wall Street, aiming to raise $8 billion to $10 billion at a valuation around $60 billion to $70 billion.

A number of large tech companies, including Amazon.com Inc. AMZN, -0.11%, Intel Corp. INTC, +0.61% and Nvidia Inc. NVDA, -3.62%, are reportedly in the mix to be anchor investors in Arm’s IPO.

Last week, SoftBank reported its tech-heavy Vision Funds turned a quarterly profit for the first time in 18 months

Barron’s: This 1 Fitness Number Might Be the Most Important. What to Know About VO2 Max.

Many health experts consider VO2 max the single best indicator of cardiorespiratory fitness, and research has found it correlates to longevity as well.

More stuff could go in this aside column

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