SoftBank hires Goldman Sachs to explore sale options for chip designer Arm after getting inbound interest, sources say
SoftBank has been working toward an initial public offering of Arm Holdings more than a year from now but has received inbound interest in a potential acquisition, sources say.
WSJ was actually the first to report this but it's behind a paywall so I'm posting a source that is a free article. They do mention that this started from inquiries Softbank received about selling ARM (parts or whole not specified). Softbank is reportedly also considering letting ARM go public as well. I will just finish by saying that absolutely nothing might come of this in the end but thought it was an interesting piece of news.