SoftBank’s Arm Hoping to Raise $8 Billion From Mega US IPO

SoftBank’s Arm Hoping to Raise $8 Billion From Mega US IPO

SoftBank-owned British chip designer Arm Ltd will likely to aim to raise at least $8 billion from its initial public offering (IPO) in the United States this year, people familiar with the matter said on Sunday. Arm is likely to confidentially submit paperwork for what is expected to be a blockbuster US stock market launch in late April, the sources...