[Global Synthetic Reporter Li Zongze] According to the “Financial Times” report on March 9th, Japan’s Softbank plans to sell approximately 8 billion U.S. dollars in chip design company Arm, which it acquired just six months ago, and 25% of the UK’s largest technology company. The shares are injected into a newly established investment fund that is intended to raise $100 billion.

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Two people familiar with the matter said that Softbank decided to sell Arm because the funds it spearheaded are struggling to achieve their fundraising goals and seek support from Mubadala, Abu Dhabi’s government investment agency, which hopes that the fund will hold part of Arm’s shares. .

The two said that the two sides will reach an agreement. Under the terms of the agreement, Mubadala promised to inject $15 billion into the Softbank Vision Fund to help Softbank get closer to its stated goal of $100 billion in funding. The deal will be the first major move of the Softbank Vision Fund. The purpose of establishing the fund is to allow Sun Yat-sen to establish Softbank as a billionaire of a global Internet and telecoms giant, with the funds needed to represent his company and a small group of external supporters to pursue their investment goals.

The largest investor in the Softbank Vision Fund is Saudi’s Public Investment Fund. The latter said last year that after Sun’s negotiation with Saudi Deputy Prime Minister Mohammed bin Salman, he will invest up to 45 billion yuan. Dollars.

Softbank will inject approximately US$25 billion into the Softbank Vision Fund, but part of this will be Arm’s equity. Other investors who plan to make smaller investments include Apple, Oracle founder Larry Ellison and electronics group Foxconn.

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