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SoftBank's Arm launches IPO courting T Rowe in $52 bln valuation ask | The Asahi Shimbun: Breaking News, Japan News and Analysis

SoftBank Group’s Arm Holdings Ltd launched the roadshow for its blockbuster initial public offering (IPO) on Tuesday as the chip designer tries to convince investors it is worth as much as $52 billion in this year’s biggest share sale.
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Source: asahi.com

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SoftBank's Arm aims for over US$52 billion valuation in biggest US IPO of the year

SoftBank Group's Arm is seeking a valuation of more than US$52 billion in its initial public offering, the chip designer said on Tuesday (Sep 5) as it begins marketing for the biggest US stock market flotation of the year. SoftBank is offering 95.5 million American depository shares of the United Kingdom-b
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SoftBank Plans on Taking Arm Public

The IPO season appears to be gaining momentum. Recently, semiconductor provider Arm filed its F1 as it prepares to go public next month. Arm's Offerings Founded in 1990, Arm was initially set up as a joint venture between Acorn Computers, Apple Computer, and VLSI Technology. It was initially set up to develop a processor that was high performance, power efficient, easy to program, and readily scalable. Today, UK-based Arm Holdings is a provider of silicon IP and custom system-on-Chips (SoCs...
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