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

(Reuters) -SoftBank Group's Arm is seeking a valuation of more than $52 billion in its initial public offering, the chip designer said on Tuesday as it begins marketing for the biggest U.S. stock market flotation of the year. SoftBank is offering 95.5 million American depository shares of the United Kingdom-based company for $47 to $51 apiece and is looking to raise up to $4.87 billion at the top of the range, Arm said in a regulatory filing. The valuation that Arm is chasing now represen...
United States United Kingdom Manya Saini Arun Koyyur Mizuho Financial Group Vision Fund
Source: yahoo.com

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largecap stocks: Largecaps look more attractive compared to smallcaps now: Krishna Sanghavi

"Smallcaps have done well for us and we do expect a similar thing. Only thing one needs to worry about is valuations on an individual set of sectors or stocks and that is where we believe broadly the valuations are normalised now but yes always find those pockets of growth for investors."
Uttar Pradesh Krishna Sanghavi Offering College Indian School Of Business Mahindra Manulife Leadership Excellence

Exclusive-Arm signs up big tech firms for IPO at $50 billion-$55 billion valuation -sources

NEW YORK (Reuters) -Customers of Arm Holdings Ltd including Apple Inc, Nvidia Corp, Alphabet Inc and Advanced Micro Devices Inc have agreed to invest in the chip designer's initial public offering, according to people familiar with the matter. Intel Corp, Samsung Electronics Co Ltd, Cadence Design Systems Inc and Synopsys Inc have also agreed to participate as investors in the offering, the sources added.
New York United States Rosalba Obrien Anirban Sen Apple Inc Cadence Design Systems Inc
Source: yahoo.com

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