Sky's Ian King writes that the share offering will have to be priced carefully if it is to be seen as a success in both the short and longer term.
That $64bn sum, if replicated in the IPO, would mean SoftBank has doubled its money.The company paid £24.3bn when it controversially agreed aThe deal was announced weeks after the UK voted to leave the EU and the new prime minister at the time, Theresa May, was anxious to show the world that the UK remained 'open for business'.
Since then, governments everywhere - including in the UK - have tightened the rules governing foreign takeovers of domestic businesses, making it highly unlikely that a takeover of Arm, whose designs are found in the chips used in 99% of the world's smartphones, would be allowed today.Sales decline but predictions of spectacular growthThe picture in the filing is mixed. Arm's sales during the year to the end of March came in at $2.
That reflects growing confidence in the so-called 'internet of things' - the way in which physical objects will be embedded in the future with sensors and software that enable them to connect, communicate and exchange data with each other, transforming just about every facet of life.The prospectus suggests chips designed by Arm were already in 64.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Cindy makes a life-changing decision that leaves Ian aghast in EastEndersAs Peter heads back to Walford, will Cindy follow?
Lire la suite »
Motorcycle great Ian Simpson working on autobiographyThe Dalbeattie racer won three TT races and five British championships during a 15-year career in the 80s and 90s
Lire la suite »
Inside the abandoned EastEnders set from Queen Vic to Ian Beale's fish shopIconic UK soap EastEnders has been popular with viewers since its inception in 1985, and show fans will easily identify some of the soap's most iconic sets, including the Queen Vic
Lire la suite »
UK microchip giant Arm files to sell shares in USCambridge-based Arm files papers to list in New York after opting against London, in a blow to the UK.
Lire la suite »
Can Arm’s listing reignite the IPO market?News, analysis and comment from the Financial Times, the worldʼs leading global business publication
Lire la suite »