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“SoftBank’s Arm Poised for a $54.5 Billion Valuation in IPO, Pricing to Be Determined Today: Report”
Arm, the chip designer owned by SoftBank Group Corp, has garnered sufficient support from investors to secure a valuation at least at the upper end of its price range in its upcoming initial public offering (IPO). This would result in a valuation of $54.5 billion on a fully diluted basis,