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SoftBank Seeking $60 billion Valuation for Arm

By
Stephen Nellis
· · Source: Bloomberg

SoftBank is seeking a $60 billion valuation as it prepares to take Arm Ltd public after its deal to sell the British chip technology firm to Nvidia Corp fell apart last month, Bloomberg reported . The valuation would be nearly double the $32 billion that SoftBank paid for Arm in 2016 when it took the publicly traded firm private and well above the $40 billion that Nvidia had initially...

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