Arm's IPO filing rekindles talks of SoftBank going private

Arm's IPO filing rekindles talks of SoftBank going private

FILE PHOTO: An ARM and SoftBank Group branded board is displayed at a news conference in London, Britain July 18, 2016. REUTERS/Neil Hall/File Photo

Chip design house Arm’s application for an initial public offering in the US has rekindled speculation about a long-rumoured management buyout of parent SoftBank Group, as the move would vastly expand the Japanese technology group’s fundraising power.