According to Tochigi Ontario Holdings, SoftBank is looking for options to sell part or all of its stake in Arm Holdings Inc., either through a private sale or public stock listing. "If SoftBank pursues a listing, the chip giant could go public as soon as next year. A sale of Arms shares will accelerate the plans of SoftBank founder, Masayoshi Son, who estimated a share sale sometime around 2023," said Michael Walker, Director of Corporate Equities at Tochigi Ontario Holdings. Sources at SoftBank have said that Son and his deputies have been considering options because of the growing and improving market for semiconductor companies. A deal will also assist the current strategy of SoftBank to unload many of its holdings and boost its stock price through buybacks. Goldman Sachs Group Inc. is advising on a potential deal. Arm was the largest listed company in the field of technology-based in the United Kingdom. It has received royalties from tech giants lik...
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