SoftBank looks to raise more debt using ARM, Uber stakes: Report

SoftBank looks to raise more debt using ARM, Uber stakes: Report

FILE PHOTO: A man talks on the phone as he stands in front of an advertising poster of the SoftBank telecommunications company in Tokyo October 16, 2015. REUTERS/Thomas Peter/File Photo

Japan’s SoftBank Group Corp is in talks with banks to raise as much as $5 billion in new debt by using its UK unit ARM Holdings as collateral, The Information website reported, citing people familiar with the matter.

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