British PM Sunak revives talks with SoftBank for Arm's London IPO

British PM Sunak revives talks with SoftBank for Arm's London IPO

FILE PHOTO: British Prime Minister Rishi Sunak speaks to the media as he visits Harris Academy at Battersea in London, Britain January 6, 2023. REUTERS/Henry Nicholls/Pool

British Prime Minister Rishi Sunak has revived talks with Japan’s SoftBank Group Corp regarding a London listing for chip designer Arm Ltd, the Financial Times reported on Monday.

Sunak met Arm’s Chief Executive Rene Haas last month in Downing Street and Masayoshi Son, the billionaire founder of SoftBank, joined via video, the report said, citing people familiar with the matter.

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