 when it floats in the US this month, a significant cut to the $64 billion valuation that had been touted. Last month the Japanese investment giant SoftBank, led by Masayoshi Son, acquired the 25 per cent of the company it did not already own in a deal that implied a value of $64 billion. It bought the stake from its own Vision Fund for $16.1 billion, having sold the same stake to Vision Fund for $8 billion in 2017. Sponsored Advisers to Arm, which is headquartered in Cambridge, are due to kick-off the company's investor roadshow next week ahead of what is expected to be New York's largest initial public offering){kind=link}
British chip designer Arm could be valued at between $50 billion-$55 billion (£40 billion-£44 billion) when it floats in the US this month, a significant cut to the $64 billion valuation that had been touted.
Last month the Japanese investment giant SoftBank, led by Masayoshi Son, acquired the 25 per cent of the company it did not already own in a deal that implied a value of $64 billion. It bought the stake from its own Vision Fund for $16.1 billion, having sold the same stake to Vision Fund for $8 billion in 2017.
Advisers to Arm, which is headquartered in Cambridge, are due to kick-off the company’s investor roadshow next week ahead of what is expected to be New York’s largest initial public offering
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