SoftBank in Talks with Tatas, Mahindra for Investment

Softbank’s 9M Net Income Drops 87%

Japanese conglomerate Softbank reported earnings for the nine months ended December with net income falling by 87% YoY to JPY 392.6bn ($3.5bn), primarily due to a reduction in value of its portfolio companies and the value of its stake in Alibaba. Its net asset value...
Nvidia-Arm $40bn Deal Now in Doubt

Nvidia-Arm $40bn Deal Now in Doubt

Nvidia’s $40bn acquisition of Arm Ltd. from SoftBank is now in crosshairs, as per sources. Nvidia is said to have told its partners that it doesn’t expect the transaction to close, while SoftBank is stepping up preparations for an IPO for Arm Ltd. as an...
Show Buttons
Hide Buttons