Softbank Has Completed Its 24B Cash Acquisition Of ARM Holdings
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SoftBank (TYO:9984) has officially closed the acquisition of ARM (LON:ARM), which is regarded as one of the biggest tech deals this year, and the biggest ever in the UK. SoftBank stated that it would acquire the British chip designer back in July 2016, which stated that the deal would amass to £24 billion in cash, which is equivalent to $32 billion USD. 2b1af7f3a8