Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Anusuya Lahiri

Read The Latest Update On SoftBank's Arm IPO

SoftBank SFTBY United States Arm Ltd SoftBank Group Corp
  • SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) banks jostled for roles on a potential IPO of Arm Ltd to underwrite a margin loan of about $8 billion, Bloomberg reports.
  • Banks plan to pitch IPO valuations for Arm of upward of $50 billion. 
  • Related Content: SoftBank Looks To List Arm In US, Ditching Its Home Market
  • Arm is likely worth $25 billion - $35 billion based on the industry's valuation metrics and analysts' early projections.
  • NVIDIA Corp's (NASDAQ:NVDA) collapsed attempt to buy Arm for a combination of cash and stock was worth about $40 billion when announced in 2020 and rose to more than $60 billion as the bidder's shares climbed.
  • Price Action: SFTBY shares traded lower by 1.72% at $22.60 on the last check Friday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Human exclamations of pain are similar across the world, new study reveals
We all know what words we might shout out when we stub a toe or touch something hot. For those of us who speak English, it’s probably “ouch”.
The Conversation
The Conversation
The circus that bought a tiny California town: ‘We’re creating our own Disneyland’
Nipton sat neglected for years until Las Vegas’s Spiegelworld turned it into a circus haven
The Guardian - US
The Guardian - US
Brad Pitt swears by this luxurious De'Longhi coffee machine for perfect hot and cold foam beverages – and it's reduced for a limited time
The actor's beloved coffee machine was called one of the best of the year by our coffee editor – now, it's on sale for Black Friday
Homes & Gardens
Homes & Gardens
Keira Knightley Revisits "Trauma" of Being Accused of Having an Eating Disorder
"I'll suddenly have a very bodily memory of it because, ultimately, it's public shaming."
Marie Claire
Marie Claire
Keira Knightley recalls ‘public shaming’ she felt amid claims she had an eating disorder
‘It’s obviously part of my psyche, given how young I was,’ she recalls about the eating disorder claims
The Independent UK
The Independent UK
The Simpsons: Hit & Run dev says they could've made 3 sequels without paying a penny for the license: "Some crazy person at the publisher - we never found out who - said no"
"We never imagined it would still be bringing some people happiness 20 years later!"
GamesRadar
GamesRadar
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play