 "Softbank")
SoftBank Group Corp shelved the sale of Arm Ltd to U.S. chipmaker Nvidia Corp due to regulatory hurdles, the companies said, marking the collapse of what would have been a record deal for the industry valued at as much as $80 billion.
Arm named a new CEO on Tuesday who it said would help the British firm seek a public listing before March 2023.
The cash-and-stock deal was announced in 2020, but the US Federal Trade Commission sued to block it in December, arguing that competition in the nascent markets for chips in self-driving cars and a new category of networking
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