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A comment on Arm China Has Gone Rogue. Parent comment

Re:Arm China Has Gone Rogue by njarboe on Friday August 27, 2021 @01:08PM (#28330346)
Softbank held 49%. "SoftBank subsidiary sold a 51% stake of the company to a consortium of Chinese investors for paltry $775M."
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Re:Arm China Has Gone Rogue by Proven on Friday August 27, 2021 @01:49PM (#28330888)
Of course it was sold for a paltry sum.

Does anyone think they were not nudged to sell to local state-designated champ and had one serious candidate (with the CCP pulling the strings behind the scene)?

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Re:Arm China Has Gone Rogue by SkyMarshal on Friday August 27, 2021 @05:34PM (#28333210)
Softbank was also in the middle of the failed WeWork IPO at the time, and probably needed to make a quick sale to raise cash.

Any time you're in a hurry to buy or sell, and the counterparties know that, you're gonna get taken to the cleaners.

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