SoftBank Group's Arm Holdings Ltd launched the roadshow for its blockbuster initial public offering (IPO) on Tuesday as the chip designer tries to convince investors it is worth as much as $52 billion ...
Japan won’t rule out options if FX speculation persists: Kanda
Since then, the authorities have stopped firing warning shorts, keeping traders guessing on Japan's intervention strategy. Kanda, vice minister of finance for international affairs, was speaking to ...
SoftBank-Owned Software Maker Arm Aims to be the Largest IPO of 2023
Arm’s blockbuster IPO will be a litmus test of the market after inflation and interest rate hikes have made investors hesitant.
SoftBank’s Arm targets $52B valuation in 2023’s biggest IPO
SoftBank is offering 95.5 million American depository shares of Arm for $47 to $51 each and is aiming to pull in $4.87 billion on the high end, according to a regulatory filing.
Arm’s IPO could value the chip company at $52 billion. Apple, Google and Nvidia show interest
A who’s who of Big Tech companies is set to invest in one of the most highly anticipated initial public offerings in recent memory, a blockbuster event that could value a British chip designer at as ...
KKR-owned Kokusai Electric eyes Tokyo IPO in October
TOKYO -- Japan's Kokusai Electric, a manufacturer of chipmaking devices, will list shares on the Tokyo Stock Exchange as soon as October, Nikkei has learned, in what would be the biggest offering for ...
Arm Prices IPO. It’s Set to Be the Biggest of the Year.
Arm Holdings is set for a blockbuster initial public offering which will test market appetite for an important technology company. However, its targeted valuation suggests it is accepting it won’t be ...
SoftBank’s Arm aims for over $52 bln valuation in biggest US IPO of the year
The Japanese conglomerate will own 90.6% of Arm's ordinary shares ... The listing is expected to buoy the IPO market globally and fuel other startups to move ahead with their offerings as Arm's ...
Arm To Hold IPO On September 14, Valuation Expected At $55 Billion
British chipmaker Arm Holdings is expected to set the price of its upcoming initial public offering (IPO) at between $47 U.S. and $51 U.S. per share, which would give the company a valuation of ...
Restaurant, real estate and banking drive Japan stock rally
TOKYO -- The Nikkei Stock Average rebounded on Tuesday into the 33,000 territory for the first time in roughly a month, the rally driven by late-blooming restaurant and banking sectors boosted by ...
‘Approval Is Inevitable’—SEC Insider Primes Crypto Market For $15 Trillion Bitcoin, Ethereum And XRP Price ETF Game-Changer
Former U.S. Securities and Exchange Commission (SEC) chair Jay Clayton has said eventual approval of a spot bitcoin exchange-traded fund (ETF) is ...
Saudi Aramco may reclaim the record for the largest IPO
ALBAWABA - Saudi Arabia's national oil company, Saudi Aramco, could regain its position as the leader in public offerings if reports of its $50 billion ...
SoftBank’s chip designer Arm aims to raise up to $4.87 billion in US IPO
(Reuters) -SoftBank Group's Arm is aiming to raise up to $4.87 billion in the chip designer's U.S. initial public offering, a regulatory filing showed on Tuesday. SoftBank (TYO: 9984) is offering 95.5 ...
SoftBank’s Arm aims for over $52 billion valuation in biggest US IPO of the year
SoftBank Group's Arm is seeking a valuation of more than $52 billion in its initial public offering, the chip designer said on Tuesday as it begins marketing for the biggest U.S. stock market ...
SoftBank’s Arm seeking $52 bn valuation, biggest IPO on US bourses this year
Still, the interest in the IPO remains robust, fueled by a desire of its clients to expand their commercial ties with Arm and ensure rivals do not gain an edge. The Japanese conglomerate will own 90.6 ...
SoftBank faces investor scepticism on $55bn price tag for Arm IPO
Cambridge-based Arm is targeting a valuation range of $50bn-$55bn, the FT reported last week. SoftBank paid $32bn to acquire Arm in 2016 but its latest target is below the $64bn valuation implied less ...