SoftBank picks four Wall Street banks for Arm’s massive Nasdaq IPO

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SoftBank picks four Wall Street banks for Arm’s massive Nasdaq IPO
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BREAKING: Wall Street’s best-known investment banks will seek to value Arm at about $US50 billion, in what could be the year’s biggest global IPO.

Before it was acquired by Masayoshi Son’s SoftBank in 2016, Arm traded on the London Stock Exchange.

Persistent global inflation, the spectre of more rate hikes from central banks, and an increasingly discerning consumer will all need to be considered when evaluating a price for Arm.

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