Softbank confirms purchase of UK's Arm Holdings

Market news

18 July 2016

Softbank confirms purchase of UK's Arm Holdings

purchase price around $31bln
paying GBP 17 for each share, premium of 43%
interim dividend of 3.78 pence per Arm share
HQ of Arm to stay in Cambridge, UK
Arm board will unanimously recommend the deal to shareholders

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