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September 5, 2023
(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...
September 5, 2023
Dollar pull effect: How a weaker currency makes you hostage to dollar
September 5, 2023
SoftBank is offering 95.5 million American depository shares of the U.K.-based company for $47 to $51 apiece and is looking to raise up to $4.87-billion at the top of the range
September 5, 2023
NEW YORK -- SoftBank Group's chip developer Arm said Tuesday in a regulatory filing with the Securities and Exchange Commission that it seeks&nbs
September 4, 2023
The six-month rolling cumulative investment of foreign investors rose to $20.6 billion (₹1.69 lakh crore) - the highest in 28 months, data from NSDL showed. There are only nine instances in the last 15 years when the six-month rolling monthly investment rose more than $20.5 billion.
September 4, 2023
The guest couldn't believe the valuation.
September 4, 2023
"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."
September 3, 2023
Prayagraj: The schools of basic education department will be conducting quarterly assessment of its students.
September 2, 2023
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.
September 1, 2023
Step Back in Time features news items from The Daily Star 25 and 50 years ago.