Softbank lines up yen loan for £24bn Arm acquisition
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Softbank lines up yen loan for £24bn Arm acquisition


Softbank, the Japanese technology and telecoms group, has taken a ¥1tr ($9.5bn) loan for its £24bn acquisition of Arm Holdings, the UK firm which designs mobile phone chips. The loan could be syndicated to non-Japanese banks if the refinancing strategy requires it, said one senior banker.

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