SoftBank buys Vision Fund's stake in Arm at valuation of $64 billion

SoftBank buys Vision Fund's stake in Arm at valuation of $64 billion https://ift.tt/yezBPFf is now expected to sell fewer Arm shares in the initial public offering (IPO) and would likely be retaining a stake of as much as 90% in the company, according to the sources, adding that Arm's capital raising from the IPO would be less than the range of $8 billion to $10 billion it was earlier planning