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18 Jul 2016 20:07

GLOBAL MARKETS-U.S. stocks edge up near record highs, oil falls

* Safety trades unwound after Turkey coup bid crushed * Turkish lira rebounds but local stocks plummets * Oil prices fall over 1 pct on supply concerns * SoftBank deal to buy ARM buoys U.S., European stocks (Updates market action, add quotes) By Richard Leong NEW Y

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18 Jul 2016 17:22

Shares in ARM Holdings rocket, oil and steel-related stocks fall

(ShareCast News) - Cyclicals paced gains on the FTSE 350, with technology shares easily the best performers as shares of ARM Holdings rocketed on the back of a £23bn-pound all-cash offer from Japan's SoftBank. In remarks to the BBC, ARM's founder Hermann Hauser said Monday was "a sad day for technol

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18 Jul 2016 16:34

Britain's FTSE hits 11-month closing high as ARM soars 41 pct

(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets) * FTSE 100 ends 0.4 pct higher * ARM soars 41 pct after Softbank deal * TUI, Thomas Cook retreat on failed Turkey coup By A

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18 Jul 2016 15:55

LONDON MARKET CLOSE: Stocks Given Helping Hand From ARM Takeover

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18 Jul 2016 15:28

SoftBank has "no immediate plans" to issue debt for ARM deal

By Robert Smith and Laura Benitez LONDON, July 18 (IFR) - SoftBank Group said it has "no immediate plans" to issue fresh debt to back its acquisition of UK chip designer ARM Holdings for £24bn. SoftBank plans to finance its largest acquisition with ¥2.3trn (£16.3bn) of cash on hand

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18 Jul 2016 15:03

SoftBank's ARM buy may net bankers $120 mln in fees - estimates

LONDON, July 18 (Reuters) - Bankers are set to share up to $120 million in fees thanks to SoftBank Group Corp's planned acquisition of British chip designer ARM Holdings , according to estimates on Monday. Seven finance houses will divide the proceeds for working on the 24.3 billion pound

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18 Jul 2016 15:00

UPDATE 6-SoftBank to buy UK chip designer ARM in $32 bln cash deal

* Deal would be 43 pct premium to ARM shares' last price * Deal would be SoftBank's biggest-ever acquisition * ARM technology ubiquitous in smartphones, tablets * ARM technology used in Apple, Samsung, Huawei products * SoftBank says to keep ARM HQ, top managers, double UK

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18 Jul 2016 14:51

GLOBAL MARKETS-U.S. stocks hover near record highs, oil falls

* Safety trades unwound after Turkey coup bid crushed * Turkish lira rebounds but local stocks plummets * Oil prices fall but hold above Friday's lows * SoftBank deal to buy ARM buoys European stocks (Updates market action, changes dateline, previous LONDON) By Richard L

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18 Jul 2016 11:08

LONDON MARKET MIDDAY: ARM Takeover Offsets Travel Sector Gloom

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18 Jul 2016 10:55

ARM says did not consult with customers before Softbank deal

LONDON, July 18 (Reuters) - Britain's ARM.L said it did not consult its partners such as Apple, Samsung and Qualcomm, that use its technology in billions of chips before agreeing a $32 billion takeover from Japan's Softbank. Chief Executive Simon Segars said, as is customary in takeovers,

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18 Jul 2016 10:54

PM May says Softbank-ARM deal shows Britain can be a success post-Brexit

LONDON, July 18 (Reuters) - Prime Minister Theresa May said on Monday Japanese company Softbank's decision to buy British chip designer ARM Holdings showed Britain's economy could be successful after the country voted to leave the European Union. Welcoming the deal as a boost for British jo

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18 Jul 2016 10:43

SoftBank says did not use post-Brexit sterling fall to buy ARM cheaply

LONDON, July 18 (Reuters) - A fall in the value of sterling after Britons voted to leave the European Union did not affect Japanese firm SoftBank's decision to buy British chip designer ARM Holdings, its chairman and CEO said on Monday. "We did not use this as an opportunity to buy cheaper.

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18 Jul 2016 10:35

SoftBank expects regulators to back deal for UK's ARM

LONDON, July 18 (Reuters) - Japan's SoftBank does not expect any regulatory obstacles to its deal to acquire British chip designer ARM Holdings, its chairman and CEO said on Monday. "We do not see any major obstacles in getting approval from other countries," Masayoshi Son told reporters.Read more

18 Jul 2016 10:08

TOP NEWS SUMMARY: Japan's SoftBank To Buy ARM For GBP24.3 Billion

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18 Jul 2016 10:05

SoftBank says ARM deal shows confidence in Sprint turnaround

LONDON, July 18 (Reuters) - Japan's SoftBank said it was willing to do the $32 billion deal to buy Britain's ARM Holdings because it believes it is close to turning around another major acquisition, the U.S. mobile operator Sprint. SoftBank Chairman and CEO Masayoshi Son told a news confere

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