A spokesperson at SoftBank, which bought Arm for $32 billion
in 2016, declined to comment on Wednesday.
Arm, whose technology underpins the global smartphone
industry and is used in supercomputers, said in March it would
pursue a U.S.-only listing this year, ending speculation about a
primary or secondary listing in the UK.
In June, Son said that Nasdaq was a favourite exchange for
listing Arm, one of the sprawling conglomerate's prize assets.
(Reporting by Kiyoshi Takenaka; Editing by Richard Chang)
TOKYO, April 12 (Reuters) - SoftBank Group Corp Chief Executive Masayoshi Son will officially agree with Nasdaq
this week to list British chip designer Arm Ltd, the Financial
Times said on Tuesday, citing two unnamed people familiar with
the situation.
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