Arm Targets More Than 52 Billion Valuation in Largest IPO of the Year – Live Mint
British chip designer Arm Ltd. is targeting a valuation of more than 52 billion from what is expected to be the largest initial public offering this year, according to the company s latest regulatory filing. SoftBank Group, Arms owner, plans to sell roughly 10% of the total shares outstanding, setting a share sale price of between 47 to 51 apiece.