Arm Holdings being included in a Full, Partial Sale or Public Offerings by SoftBank Group

SoftBank Group is exploring options including a full or partial sale or public offering of British chip designer Arm Holdings The review, on which Goldman Sachs Group is advising, is at an early stage, the report said. SoftBank acquired Arm for $32 billion in 2016, the largest-ever purchase, in part to expand into the internet of things, which connects everyday devices from traffic signals to refrigerators to the internet. Last month, the Japanese conglomerate unveiled a series of transactions to divest more than $21 billion worth of stock in U.S. wireless carrier T-Mobile US, as it seeks funding for a $41 billion share buyback and debt reduction plan.