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2023-08-23 19:54:50

worldnewslivetv on Nostr: Exclusive-SoftBank hired Arm’s IPO banks without clarity on fees -sources NEW YORK ...

Exclusive-SoftBank hired Arm’s IPO banks without clarity on fees -sources

NEW YORK : Chip designer Arm signed up 28 banks for its blockbuster initial public offering without giving them a fee arrangement, a reflection of owner SoftBank Group's leverage over underwriters clamoring for a role, according to people familiar with the matter. While it is common for the fees that banks receive in an IPO to be finalized at its completion, it is unusual for a company not to…

https://worldnewslivetv.com/business/exclusive-softbank-hired-arms-ipo-banks-without-clarity-on-fees-sources/
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