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Softbank, the owner of Arm, and its positioning of the British chip designer as an AI play, ahead of its blockbuster initial public offering (IPO).

Softbank, the owner of Arm, and its positioning of the British chip designer as an AI play, ahead of its blockbuster initial public offering (IPO).

SoftBanks Arm Holdings launches IPO roadshow, aiming for a valuation of up to $52 billion.

SoftBank Groups 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 years biggest share sale.

SoftBank Group's Arm Holdings Ltd launched the roadshow for its blockbuster initial public offering (IPO) on Tuesday.

SoftBank Groups Arm Holdings 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 years biggest share sale.

Arm disclosed the proposed range would value it at between $48 billion and $52 billion. It also revealed that it could issue some shares as compensation for its employees, taking its valuation, on a fully diluted basis, at up to $54.5 billion.

SoftBank is offering 95.5 million American depository shares of Cambridge, England-based Arm for $47 to $51 apiece and is looking to raise up to $4.87 billion at the top of the range.

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.

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.