SoftBank Agrees to Buy ARM Holdings for More Than $32 Billion

Discussion in 'Mobile Industry' started by Erinyes, Jul 18, 2016.

  1. Erinyes

    Erinyes
    Regular

    Joined:
    Mar 25, 2010
    Messages:
    647
    Likes Received:
    92
    From the WSJ - http://www.wsj.com/articles/softbank-agrees-to-buy-arm-holdings-for-more-than-32-billion-1468808434
    Quite the deal..google tells me the current market cap is ~$32B so this represents almost a 100% premium. Maybe there were other bidders in the fray?

    Edit: Current P/E is already 48..and a 100% premium would bring it to almost a 100. I know its ARM and of course the long term potential is huge..but its still a very high price to pay.
     
    #1 Erinyes, Jul 18, 2016
    Last edited: Jul 18, 2016
    BRiT likes this.
  2. Grall

    Grall Invisible Member
    Legend

    Joined:
    Apr 14, 2002
    Messages:
    10,801
    Likes Received:
    2,171
    Location:
    La-la land
    You might say, "crazy, why would they sell out?", but when the profits are this big you'd basically be nuts not to say yes... :p Who owns ARM right now? Or rather, who are the major stock owners? :p
     
    #2 Grall, Jul 18, 2016
  3. tangey

    tangey
    Veteran

    Joined:
    Jul 28, 2006
    Messages:
    1,411
    Likes Received:
    155
    Location:
    0x5FF6BC
    I'm not sure how many of ARM's shares are held on the US stock market V UK stock market, but apparently yen has faired even better than the $, against the £. Although the £/$ price is quite impressive, they are likely getting in for 10%+ less in yen, than 3 weeks ago.
     
    #3 tangey, Jul 18, 2016
  4. milk

    milk
    Veteran Regular

    Joined:
    Jun 6, 2012
    Messages:
    2,890
    Likes Received:
    2,429
    Well that did cost an ARM and a Leg? Am I right?
     
    #4 milk, Jul 18, 2016
    Shifty Geezer, Malo, Erinyes and 1 other person like this.
  5. pcchen

    pcchen Moderator
    Moderator Veteran Subscriber

    Joined:
    Feb 6, 2002
    Messages:
    2,741
    Likes Received:
    105
    Location:
    Taiwan
    From the public record, it looks like the majority of major owners are institutional investors and mutual funds.
     
    #5 pcchen, Jul 18, 2016
(You must log in or sign up to post here.)
Loading...
Similar Threads - SoftBank Agrees Holdings
  1. Babel-17

    Oh great, Trump and Biden agree on "videogames bad"

    Babel-17, Aug 6, 2019, in forum: Religion, Politics & Socioeconomic Climate
    Replies:
    8
    Views:
    91
    BRiT
    Aug 7, 2019
  2. PSman

    Shadow of the Colossus is one of the, if not the most beautiful game last-gen, agree?

    PSman, Apr 18, 2007, in forum: Console Gaming
    Replies:
    55
    Views:
    6,845
    Neb
    Apr 26, 2007
  3. pascal

    Sony CD row compensation agreed

    pascal, Feb 2, 2007, in forum: PC Hardware, Software and Displays
    Replies:
    0
    Views:
    1,245
    pascal
    Feb 2, 2007
  4. Sage

    who agrees with me? *(basic religious ideas... and cocaine)

    Sage, Jan 21, 2007, in forum: Religion, Politics & Socioeconomic Climate
    Replies:
    43
    Views:
    442
    Citrous
    Jan 28, 2007
  5. bloodbob

    Would the world agree to turn over all new nuclear fuel patent to iran.

    bloodbob, Jan 17, 2006, in forum: Religion, Politics & Socioeconomic Climate
    Replies:
    25
    Views:
    459
    Cartoon Corpse
    Jan 19, 2006
  6. Nite_Hawk

    CNN: McCain, Bush agree on torture ban

    Nite_Hawk, Dec 15, 2005, in forum: Religion, Politics & Socioeconomic Climate
    Replies:
    8
    Views:
    232
    DudeMiester
    Dec 17, 2005

Share This Page

Toggle Width
Style
Beyond3D

  • About Us

    Beyond3D has been around for over a decade and prides itself on being the best place on the web for in-depth, technically-driven discussion and analysis of 3D graphics hardware. If you love pixels and transistors, you've come to the right place!

    Beyond3D is proudly published by GPU Tools Ltd.

  • Quick Navigation

Loading...