• 11/24/2024

Reuters was first to report that SoftBank’s Arm aims to raise at least $8 billion in U.S. IPO

Reuters

Reuters was first to report that Arm Ltd, the British chip designer owned by Japan’s SoftBank Group Corp (9984.T), is seeking to raise at least $8 billion from what is expected to be a blockbuster U.S. stock market launch this year. Arm is expected to confidentially submit paperwork for its initial public offering in late April.  

The post Reuters was first to report that SoftBank’s Arm aims to raise at least $8 billion in U.S. IPO appeared first on Reuters News Agency.

https://www.reutersagency.com/en/reutersbest/article/reuters-was-first-to-report-that-softbanks-arm-aims-to-raise-at-least-8-billion-in-u-s-ipo/