Arm priced at $30-70bn

Bankers are putting a valuation on Arm when it re-lists on the BYSE that stretches from $30 billion to $70 billion, reports Bloomberg.

Softbank bought Arm for $32 billion in 2015. An offer for it from Nvidia would have valued it at $66 billion but the competition  regulators stopped  it.

Softbank said last year it was expecting $60 billion. Softbank, with $170 billion on debt, needs a successful offering.

The pricing process should be completed by the autumn with NYSE launch before Christmas.

In its latest quarterly earnings report last month, Arm recorded sales of $746 million for  EBITDA of $450 million.


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