Arm to ask for US$47 to US$51 per share in IPO

By

Valuing it below what SoftBank paid for a 25 percent stake.

Arm to ask for US$47 to US$51 per share in IPO
Arm, the chip designer owned by SoftBank, is planning to ask investors to pay US$47 to US$51 for each of its shares when it begins marketing its initial public offering (IPO) next week, people familiar with the matter said. The price range, which has not been previously reported, would ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
armhardware

Sponsored Whitepapers

Operational excellence is a key part of system modernisation
Operational excellence is a key part of system modernisation
Barracuda’s security portfolio give MSPs teeth to help customers overcome cybersecurity challenges
Barracuda’s security portfolio give MSPs teeth to help customers overcome cybersecurity challenges
The State of Zero Trust Transformation, 2023
The State of Zero Trust Transformation, 2023
How Mainframe Modernization Begins with Application Modernization
How Mainframe Modernization Begins with Application Modernization
Insights Driven by Data. Verify, and keep verifying: Cybersecurity in a zero-trust world
Insights Driven by Data. Verify, and keep verifying: Cybersecurity in a zero-trust world

Most Read Articles

RBA reveals three-year project to upgrade payment IT systems

RBA reveals three-year project to upgrade payment IT systems
Microsoft ending support for Windows 10 could send 240 million PCs to landfills

Microsoft ending support for Windows 10 could send 240 million PCs to landfills
Microsoft adds AI button to keyboards to call up chatbot

Microsoft adds AI button to keyboards to call up chatbot
Smart device security labels would cost under $5 million a year

Smart device security labels would cost under $5 million a year

Digital Nation

How eBay uses interaction analytics to improve CX
How eBay uses interaction analytics to improve CX
COVER STORY: What AI regulation might look like in Australia
COVER STORY: What AI regulation might look like in Australia
More than half of loyalty members concerned about their data
More than half of loyalty members concerned about their data
Health tech startup Kismet raises $4m in pre-seed funding
Health tech startup Kismet raises $4m in pre-seed funding
State of Security 2023
State of Security 2023

Log In

  |  Forgot your password?