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Can't read that article, the point is it wasn't a JV until they decided to sell that 51%.
by KaoruAoiShiho 4y ago
Can'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?