SoftBank Group Corp. said Monday it will sell its entire stake in British chip designer Arm Ltd. to U.S. semiconductor maker Nvidia Corp. for up to $40 billion, in a deal seen as an attempt to recover from recent investment losses.The sale is expected to be completed by around March 2022 after regulatory approval, SoftBank said, adding that the technology conglomerate, along with its tech-focused investment fund, will gain a stake of up to 8.1 percent in Nvidia through the cash-and-stock deal.Nvidia will pay SoftBank $12 billion in cash and a total of $21.5 billion in common stock, the comp…READ FULL ARTICLE
