SoftBank chip designer Arm aims to raise up to 4.87 bln in US IPO – Devdis Course

SoftBank Group s Arm is aiming to raise up to 4.87 billion in the chip designer s U.S. initial public offering, a regulatory filing showed on Tuesday. SoftBank is offering 95.5 million American depository shares of the Cambridge, United Kingdom based company for a price of between 47 and 51 apiece.
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