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The only way to convince SoftBank to list Arm in London is on merit
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Now the lobbying battle to persuade SoftBank of Japan to relist Arm Holdings in London is becoming zany. The government, reports the Financial Times, has considered using the six-month-old National Security and Investment Act to compel SoftBank to choose the UK stock market, rather than Nasdaq in New York, as the next home for Cambridge’s finest computer chip designer.
One hopes ministers and officials had a lie-down in a darkened room after discussing the proposal. It won’t fly.The security act wasn’t intended for this kind of work.
Read more on theguardian.comAbout this in other media
‘It’s atmosphere’: is noise of London’s restaurants just part of the charm? theguardian.com /4 days ago
Owner of UK chip designer Arm says London still in running for flotation theguardian.com /4 days ago
Without a proper plan, stagflation will be the least of Britain’s problems theguardian.com /6 days ago
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