TECH - SoftBank Backed Arm Eyes $52B IPO with T. Rowe Price as Key Player | Benzinga
Arm Holdings Ltd, a chip designer backed by SoftBank Group Corp (OTC: SFTBF) (OTC: SFTBY), has officially launched its roadshow for its highly anticipated initial public offering (IPO).
The company aims to convince investors that it's worth as much as $52 billion in what could be the most significant share sale of the year.
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The roadshow commenced in Baltimore, the headquarters of influential asset manager T. Rowe Price Inc (NASDAQ: TROW), emphasizing the significance of the fund manager's role in significant IPOs.
T Rowe Price has been an anchor investor in notable IPOs, ...