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Arm Holdings Ltd, the chip designer owned by SoftBank Group Corp, is planning to ask investors to pay $47 to $51 for each of its shares when it begins marketing its initial public offering (IPO) next week, people familiar with the matter said on Saturday. It would make Arm the most valuable company to list in New York since electric car maker Rivian Automotive debuted in 2021. SoftBank could possibly raise this range before the IPO prices, should investor demand prove strong, said the sources, who requested anonymity because the matter is confidential.

Arm Holdings Ltd is targeting a valuation between $50 billion to $55 billion for its much-awaited initial public offering , ahead of its roadshow with investors next week, according to people...

Arm Holdings Ltd is targeting a valuation between $50 billion to $55 billion for its much-awaited initial public offering (IPO), ahead of its roadshow with investors next week, according to people familiar with the matter. Arm, the chip designer owned by SoftBank Group Corp, is expected to set a price range for its offering next week, the sources said. SoftBank plans to sell about 10% of Arm's shares in the IPO, Reuters has previously reported.

By Echo Wang NEW YORK (Reuters) - Arm Holdings Ltd is targeting a valuation between $50 billion to $55 billion for its much-awaited initial public ...

By Niket Nishant and Anirban Sen (Reuters) -Grocery delivery service Instacart on Friday said its core business turned profitable after making public its ...