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Sell 51%, you mean. And 51% is still owned by Chinese investors. https://asia.nikkei.com/Spotlight/Caixin/In-Depth-How-SoftBank-wrested-back-control-of-Arm-Chi
by mannerheim 4y ago
Sell 51%, you mean. And 51% is still owned by Chinese investors.
https://asia.nikkei.com/Spotlight/Caixin/In-Depth-How-SoftBank-wrested-back-control-of-Arm-China https://asia.nikkei.com/Spotlight/Caixin/In-Depth-How-SoftBa...
- KaoruAoiShiho 4y agoCan't read that article, the point is it wasn't a JV until they decided to sell that 51%.
- mannerheim 4y agoOh, sure, ARM just happened to decide to sell 51% of their Chinese subsidiary. I assume they really needed the money, and sold 51% instead of 49% because that 2% was a chunk of change they really needed.
- KaoruAoiShiho 4y agoHonestly confused what you're insinuating. They needed to sell that 2% to get the deal done probably, to tempt the buyers.
- bioemerl 4y agoAre you suggesting that ARM china had so few investors that they had to sell a majority share in order to attract potential purchasers?