Apple and Samsung Electronics will invest in the SoftBank Group chips designer arm in its initial public offer (IPO), which is expected in September, on Tuesday the Japan Nikkei newspaper reported Tuesday.
Reuters reported in June that ARM was in conversations with about ten companies, including Apple, Samsung and Intel, with the aim of bringing one or more anchoring investors in the offer.
Last month, Reuters and other media reported that ARM was in conversations to bring the US chips designer. UU. Nvidia as anchor inverter for the New York list.
Apple, Samsung, Nvidia and Intel plan to invest in ARM as soon as it appears in the market, said the Nikkei. The company owned by SoftBank will officially apply to the United States stock exchange and values commission for the list at the end of this month, said the newspaper.
ARM plans to sell the bets of the chips manufacturers of “about percent each,” said the newspaper.
SoftBank declined to comment. Apple, Nvidia and Intel did not immediately respond to the request for Reuters comments. Samsung did not have an immediate comment.
The long -awaited OPI looks like an unexpected potential gain for the founder and CEO of the SoftBank CEO, the extensive technology conglomerate of Masayoshi are.
SoftBank has been pointing to a list for ARM from its agreement to sell the chips designer to NVIDIA collapsed last year due to the objections of antitrust regulators.
The US planned list could raise between $ 8 billion (approximately Rs. 66,292) and $ 10 billion (approximately rs. 82,856), sources told Reuters in April. In an informative earnings session on Tuesday, SoftBank’s financial director did not provide details about a listing date or a fundraising target, but said the preparations were “very good.”
SoftBank published a surprise loss on Tuesday, but said it was immersing the fingers of the feet in new investments after its unit of vision funds returned to black for the first time in six quarters.
© Thomson Reuters 2023
#Apple #Samsung #Nvidia #Intel #invest #arm #SoftBank #Group #chips #company #IPO #Report #Report
