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SoftBank’s Son wants to re-list chipmaker ARM within 5 years

Bloomberg SoftBank Group Corp founder Masayoshi Son says he wants to re-list ARM Holdings Plc within five years, re-introducing stock markets to the British chipmaker his company bought for $32 billion in 2016. SoftBank has not yet decided where the public offering will be held, Son said in Taipei. Founded in 1990, ARM quietly grew into the UK’s largest listed ...

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Indian hotel operator Oyo plots $300m US market push

Bloomberg Oyo Hotels & Homes, a lodging operator backed by SoftBank’s Vision Fund, is betting the same formula that fuelled the company’s rapid growth in India and China can work in the US. Oyo, which opened its first US hotel at the beginning of the year, plans to invest $300 million to expand in the country, Chief Executive Officer Ritesh ...

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Huawei sues US government over equipment seizure

Bloomberg Chinese telecommunications giant Huawei Technologies Co sued the US over the seizure of telecommunications equipment by American officials who were investigating whether the gear required an export license to leave the country. Huawei, China’s largest smartphone maker, said it’s been waiting for nearly two years for a decision by the US Commerce Department on whether the unspecified equipment can ...

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