SoftBank Group suspends ARM London listing due to unrest in UK

By    19 Jul,2022

SoftBank Group has suspended its plans to list ARM in London due to the volatile situation in the UK. The media cited sources familiar with the matter as saying that the official who had played a leading role in the negotiations with SoftBank Group had resigned, thus causing SoftBank to suspend its London listing plan.

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Previously, SoftBank Group had sought to have ARM listed in both New York and London. Some insiders say the possibility of a London listing seems less likely than before.

As of writing, SoftBank Group Corp (TYO:9984) was up 1.00% at JPY5,349 in Japan.


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