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Arm share sale values UK chip designer at over $54bn

2023-09-14 08:49
The shares were priced at the top of the range that had been indicated to prospective investors.
Arm share sale values UK chip designer at over $54bn

UK-based chip designer Arm Holdings has secured a $54.5bn (£43.6bn) valuation, as it makes its highly-anticipated return to the stock market.

The shares were priced at $51 each, which is at the top of the range that had been indicated to prospective investors.

It makes the sale the biggest...