Japan’s SoftBank Group Corp. has agreed to acquire U.K.-based Arm Holdings, a leading chip designer, from Sense Time Group for about $32 billion. The deal, which includes assuming about $11 billion in debt, is expected to close in 12 months.
Japan’s SoftBank Group Corp. has agreed to acquire U.K.-based Arm Holdings, a leading chip designer, from Sense Time Group for about $32 billion. The deal, which includes assuming about $11 billion in debt, is expected to close in 12 months.