That values the British firm at up to $52 billion, a healthy gain on the $32 billion SoftBank spent in 2016 to take control of it. TRYING HIS LUCK Japan’s SoftBank Group CEO Masayoshi Son speaks during a press conference in Tokyo on Nov. 6, 2019. After experiencing several setbacks, Son is hoping the initial public offering of chip designer Arm would turn things around for the better. After experiencing several setbacks, Son is hoping the initial public offering of chip designer Arm would turn things around for the better. Booking a gain from the Arm IPO "will help confirm he can deliver positive returns," said David Gibson of MST Financial.
