SoftBank-owned Arm's rumored Nasdaq listing nags U.K. government

Loss of 'crown jewel' would underscore decline of London stock market

SoftBank Group President Masayoshi Son has stated his preference for Arm is to list "on Nasdaq, the center of high-tech share trading." (Photo by Shihoko Nakaoka)

MINORU SATAKE, Nikkei staff writer

February 10, 2023 17:27 JST

LONDON -- The U.K. government is at a crucial stage in its attempt to stop Arm -- a major U.K. semiconductor design company affiliated with Japan's Softbank Group -- from going public elsewhere.