{"id":1999273,"date":"2023-08-13T11:14:02","date_gmt":"2023-08-13T15:14:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/exclusive-softbank-in-talks-to-buy-vision-funds-25-stake-in-arm-sources\/"},"modified":"2023-08-13T11:17:53","modified_gmt":"2023-08-13T15:17:53","slug":"exclusive-softbank-in-talks-to-buy-vision-funds-25-stake-in-arm-sources","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/exclusive-softbank-in-talks-to-buy-vision-funds-25-stake-in-arm-sources\/","title":{"rendered":"SoftBank in talks to acquire Vision Fund&#8217;s 25% stake in Arm &#8211; sources."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fexclusive-softbank-in-talks-to-buy-vision-funds-25-stake-in-arm-sources%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1999273&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p>By Echo Wang and Anirban\u2063 Sen<\/p>\n<p>NEW YORK\u2063 (Reuters) \u2013     SoftBank Group Corp is in talks to \u200bacquire the 25% stake in\u200d Arm Ltd it does not directly own from Vision Fund 1 (VF1), a $100 \u2063billion investment \u200bfund it raised \u2063in 2017, according to people \u2062familiar with the matter, potentially delivering a win for \u200binvestors who have waited years for strong returns. <\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>The discussions come as \u2062Softbank is preparing to\u2064 list\u200d the chip designer on\u2064 Nasdaq next month at a valuation of $60 billion \u200bto \u2064$70 billion.<\/p>\n<p>If the negotiations \u200blead to a deal, \u200cthe \u2063Japanese tech investor would be delivering a major, \u2062immediate windfall \u2062to VF1\u200d investors, including Saudi Arabia\u2019s Public Investment Fund and Abu Dhabi\u2019s \u200cMubadala. They nursed losses after many of Softbank\u2019s bets on startups such as workspace provider WeWork Inc and ride-sharing firm Didi \u200dGlobal\u2064 soured.\u2063 <\/p>\n<p>The \u2064alternative\u200d \u2014 letting VF1 sell its Arm shares in the stock market over time following the\u200b <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/breaking-exclusive-owners-of-solarwinds-have-links-to-obama-the-clintons-china-hong-kong-and-the-us-election-process\/\" title=\"BREAKING EXCLUSIVE: Owners of SolarWinds Have Links to Obama, the Clintons, China, Hong Kong and the US Election Process\">initial public offering<\/a> (IPO)\u2063 \u2014 would typically take at \u200dleast one to \u200dtwo\u200b years given the size of the stake. It would also be more risky\u2063 for the fund\u2019s \u200cinvestors since it is possible that \u200bArm\u2019s\u2063 shares could drop\u200d following the IPO.<\/p>\n<p>VF1 returned to profitability \u2063in the latest quarter\u200c thanks \u2063to investors\u2019 excitement around \u2063artificial intelligence boosting the value of some of the startups in which it invested. Yet\u2064 its previous losses prevented SoftBank \u2063from securing outside investors for Vision Fund\u200b 2 (VF2), whose $56 billion in capital\u200c came \u2063from\u2062 the \u2064Japanese firm and its management, including Chief Executive Masayoshi Son.<\/p>\n<p>A big windfall for VF1 investors could boost SoftBank\u2019s chances of\u2063 tapping them for capital again \u2062in the \u200dfuture. \u2063It has \u2063been considering raising a third Vision Fund.<\/p>\n<p>Son, who \u200chas hired\u200b investment bank Raine Group\u200d to advise \u200dSoftBank on the negotiations, has\u200d recused himself from \u2063VF1\u2019s deliberations \u200bon the matter so that the fund makes a decision\u200c independently in \u200cthe \u200dinterest of its investors,\u200c the sources said. <\/p>\n<p>VF1\u2019s investment\u2064 committee and SoftBank\u2019s investment \u2063advisory \u2063board, attended by fund investor representatives, are handling the negotiations,\u2064 one of the \u2062sources\u200c added. <\/p>\n<p>The \u200dexact \u2064valuation \u2063for Arm that\u2064 the two sides are discussing for\u200d their transaction\u2063 could not be learned, and the sources cautioned that it is possible that no agreement\u2063 will be \u2064reached.\u200d <\/p>\n<p>If a deal \u2062is \u200binked, SoftBank would be selling fewer \u200bArm shares \u200din the IPO and\u200b would be likely\u200c retaining a stake of between 85% and 90%, according to the sources,\u200b who\u2064 requested anonymity because the negotiations are confidential.\u2063 <\/p>\n<p>SoftBank, VF1 and Arm declined to comment. Raine did not immediately respond to requests\u2063 for comment. <\/p>\n<p>CORNERSTONE \u200cINVESTORS<\/p>\n<p>Arm\u2019s IPO would be a boon not\u2064 just for \u2062VF1 \u2063but also for SoftBank, which reported its third <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/amazon-shutting-down-dozens-of-warehouses-in-us-shares-fall-over-25-percent\/\" title=\"Amazon Shutting Down Dozens of Warehouses in US, Shares Fall Over 25 Percent\">consecutive quarterly loss<\/a> last week. It \u2064was hit by declines in the valuations of \u200bmajor holdings such\u200d as Chinese e-commerce firm \u2063Alibaba Group, German telecommunications company Deutsche \u200cTelekom and U.S. wireless carrier T-Mobile \u2062U.S..<\/p>\n<p>SoftBank, which took Arm private for $32 billion\u2064 in 2016, sold a\u2063 25% stake \u2062in the company to VF1\u2062 for $8 billion\u2064 in\u200b 2017. SoftBank has also \u2063been in \u200ctalks \u2064with several technology companies \u200dabout bringing \u200cthem\u2063 onboard as cornerstone\u200d investors in Arm ahead of its \u200cIPO, including Amazon.com\u200b Inc, Reuters has reported.<\/p>\n<p>SoftBank last week said VF1 delivered a gain of $12.4 billion on $89.6 billion of investments, while VF2 carried a \u2064$18.6\u200b billion loss on $51.8 billion of investments.<\/p>\n<p>The investment giant has been in \u201cdefense mode\u201d\u200c since \u200dMay 2022\u200d after technology\u2064 valuations crashed amid a rise in interest rates and economic\u200d uncertainty. But in June, \u200bSon \u200bsaid he was planning to shift to\u2063 \u201coffence\u201d mode amid excitement over \u200cadvances in artificial intelligence.     <\/p>\n<p>SoftBank began preparations for an IPO of Arm \u2064after a deal to sell\u200c the company to Nvidia Corp for $40 billion collapsed last year over\u200d objections from U.S.\u2063 and European antitrust regulators. Arm\u2019s IPO could now raise up to $10 billion. <\/p>\n<p>Arm\u2019s business \u200bhas fared better than the broader chip industry because \u2063it licenses \u200ddesigns rather than paying \u2063to make processing systems itself. Its technology has become ubiquitous\u200d in smart phones and data centers, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/exclusive-softbank-in-talks-to-buy-vision-funds-25-stake-in-arm-sources\/\" title=\"SoftBank in talks to acquire Vision Fund's 25% stake in Arm - sources.\">delivering lucrative royalty payments<\/a>.\u200b Yet demand for\u2062 smart phones has weakened \u200clately,\u2062 weighing on Arm\u2019s\u200d earnings.<\/p>\n<\/p>\n<p>  (Reporting by Echo \u2064Wang and Anirban Sen in New York; Editing by Greg Roumeliotis\u200d and\u2062 Mark Porter)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/exclusive-softbank-in-talks-to\/attachment\/illustration-shows-arm-ltd-logo-2\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Since \u200dbeing removed from\u200c the Fox News lineup, Tucker Carlson \u200dhas <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tucker-carlson-interviews-drive-news-cycles\/\" title=\"Tucker Carlson's Interviews Drive News Cycles\">held bombshell interviews<\/a> that have driven\u2062 news cycles.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>David Weiss becomes Special Counsel in the Hunter Biden probe, while Sam Bankman-Fried trades his mom\u2019s basement \u200cfor a jail cell.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>With less than two weeks\u200b before the first GOP Presidential debate, media and political strategist Adam Weiss\u200b says it would be beneficial \u2064for Trump not to participate.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>The lack of answers from the Biden Administration continues to cause frustration from \u2063families \u2064who lost loved ones\u2063 during the U.S. withdrawal from Afghanistan.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>ERBIL (Reuters) -Iraq\u2019s telecoms \u2062ministry said it\u200b will \u2064lift a\u200d ban on the Telegram messaging app on Sunday, which was imposed \u200cearlier\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>NEW YORK (Reuters) \u200d\u2013 Australia-listed \u200cinvestment firm GQG Partners added more shares of\u2064 Nvidia Corp in the second quarter, ending June with\u2026 \u200c <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Daniel Trotta EL CAJON, California (Reuters) \u2013 California firefighters are\u2062 using artificial intelligence to help spot wildfires, feeding video\u200b from more\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>(Reuters) \u2013 The U.S. Securities \u2063and Exchange\u2062 Commission (SEC) has delayed a decision on whether\u2063 to approve Cathie Wood-led Ark Investment Management\u2019s\u2026 <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SoftBank Group Corp is reportedly in discussions to purchase the remaining 25% stake in Arm Ltd from Vision Fund 1, a $100 billion investment fund it established in 2017. This move could be a significant victory for SoftBank.<\/p>\n","protected":false},"author":66,"featured_media":1999274,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-1999273","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1999273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1999273"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1999273\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1999274"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1999273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1999273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1999273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}