Stock Market News
SoftBank’s Arm Ltd targets $60 billion-plus IPO by September -Bloomberg News
2023.08.02 01:10
© Reuters. FILE PHOTO-A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) – Arm Ltd, SoftBank Group Corp’s semiconductor unit, is targeting an initial public offering at a valuation of between $60 billion and $70 billion as soon as September, Bloomberg News reported on Wednesday, citing people familiar with the matter.
