SoftBank's Arm aims to raise at least $8 billion in U.S. IPO, sources say
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.
Published 3 months ago
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