REUTERS reports:
Arm Holdings Ltd, the chip designer owned by SoftBank Group Corp (9984.T), 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.
The price range, which has not been previously reported, would translate into a valuation for Arm of roughly between $50 billion and $54 billion, and …
The post RTR Exclusive: SoftBank’s Arm to ask for $47-$51/share in IPO appeared first on The Loadstar.
