Arm’s owner, Softbank, has more debt than Venezuela – $147 billion for Softbank, $140 billion for Venezuela. Softbank has been able to raise all this debt by offering its holding in Alibaba as collateral. The holding is worth $130 billion. However the holding is not in readily realisable shares or bonds – it is in ...
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from Electronics Weekly https://www.electronicsweekly.com/blogs/mannerisms/dilemmas/softbank-debt-venezuela-2018-05/
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