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ARMH Arm Holdings Plc ADS Each Representing 3 Ordinary Shares (MM)

67.77
0.00 (0.00%)
Pre Market
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Arm Holdings Plc ADS Each Representing 3 Ordinary Shares (MM) NASDAQ:ARMH NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 67.77 67.63 67.75 0 00:00:00

SoftBank Agrees to Buy ARM Holdings for More Than $32 Billion

18/07/2016 4:00am

Dow Jones News


Arm Holdings Plc ADS Each Representing 3 Ordinary Shares (MM) (NASDAQ:ARMH)
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HONG KONG—Japan's SoftBank Group Corp. has reached a deal to buy U.K.-based chip-designer ARM Holdings PLC in an all-cash deal worth more than $32 billion, according to a person familiar with the situation.

The deal, which is expected to be announced Monday, will mark a deeper push for SoftBank into the mobile internet where ARM has a strong market share in providing chips connecting mobile devices, according to the person.

Both companies' boards have agreed to the deal, the person said.

Write to Rick Carew at rick.carew@wsj.com

 

(END) Dow Jones Newswires

July 17, 2016 22:45 ET (02:45 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

1 Year Arm Holdings Plc ADS Each Representing 3 Ordinary Shares (MM) Chart

1 Year Arm Holdings Plc ADS Each Representing 3 Ordinary Shares (MM) Chart

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1 Month Arm Holdings Plc ADS Each Representing 3 Ordinary Shares (MM) Chart

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