Yoshimitsu Goto, a senior executive of Softbank, advised investors that an initial public offering (IPO) may be a potential exit strategy for the Softbank Vision Fund. The Vision Fund was established last year by Softbank and is 9.3 billion U.S. dollars (588.5 billion U.S. dollars). , It has been supported by Saudi Arabia’s sovereign wealth fund. Vision Fund will purchase 25% of ARM's equity.
In July 2016, Softbank decided to acquire ARM, which marked the largest purchase of European technology companies by Softbank. The deal was a key factor for Softbank’s chairman and chief executive, Sun Yizheng, becoming a leader in the “Internet of Things” and connected devices.
Softbank used $93 billion in funds to reach out to the rest of the world. The company invested in Uber, a U.S. taxi company, and WeWork, a shared office service provider.
The company is also in the process of negotiating a minority stake in Swiss Re. Swiss Re is one of the largest reinsurance companies in the world.
In addition to letting ARM re-list, Softbank also plans to have its Japanese telecommunications business listed in the next 12 months. Analysts said that the deal may allow the company to raise up to 18 billion U.S. dollars (about 113.9 billion yuan) in funds. .