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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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