SoftBank's Arm Reveals IPO Ambitions With Close To $54 Billion Valuation
In an ambitious move, Arm Holdings Ltd, a leading chip designer under the banner of SoftBank Group Corp (OTCMKTS: SFTBY), is setting the stage for its initial public offering (IPO) next week.
What Happened: The company hinted at a share price bracket of $47 to $51, insiders revealed to Reuters.