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SoftBank's Arm Ltd targets $60 billion-plus IPO by September -Bloomberg News

2023-08-02 13:16
Arm Ltd, SoftBank Group Corp's semiconductor unit, is targeting an initial public offering at a valuation of between
SoftBank's Arm Ltd targets $60 billion-plus IPO by September -Bloomberg News

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.

(Reporting by Gursimran Kaur in Bengaluru; Editing by Savio D'Souza)