SoftBank’s Arm files for public offering, IPO to help parent company’s fortunes

SoftBank Group Corp (SFTBY) is the parent company of chip company Arm. On Saturday, the chip designer announced that it has filed with regulators for a listing on the U.S. stock market. Despite a slump in public listings Arm has gone ahead with its confidential filing. It is expected to be the biggest initial public … Continue reading SoftBank’s Arm files for public offering, IPO to help parent company’s fortunes