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Published 1 year ago

SoftBank's Arm aims to raise at least $8 billion in U.S. IPO, sources say

Summary by Ground News
British chip designer Arm Ltd. is expected to file for an IPO in April, Reuters reports. SoftBank bought Arm in 2016 for about $32 billion. The company is hoping for a valuation above $50 billion, according to the report. ARM's listing would give a significant boost to the IPO market on Wall Street.

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