ARM decides to list in US only

Stefan Mileschin · 6th March 2023, 15:13

British success story needs to list in a country where tomatos are available

British success story ARM has stuck two fingers up to the British government and opted for a US-only public listing, making the company as Americian as Apple pie.

UK PM wanted Rishi Sunak’s ambitions to make London the first choice for tech company flotations but appears to have believed he could make that happen with the power of his natural charisma.

Sunak, his predecessor Boris Johnson and an army of government and London Stock Exchange officials had held intermittent talks with SoftBank in an attempt to convince it of the merits of a dual, if not full, listing in London.

While ARM is British it was bought by the Japanese conglomerate SoftBank, who only wants to see it listed in the US.

https://fudzilla.com/news/56446-arm-...ist-in-us-only

6th March 2023, 15:13	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,575	ARM decides to list in US only British success story needs to list in a country where tomatos are available British success story ARM has stuck two fingers up to the British government and opted for a US-only public listing, making the company as Americian as Apple pie. UK PM wanted Rishi Sunak’s ambitions to make London the first choice for tech company flotations but appears to have believed he could make that happen with the power of his natural charisma. Sunak, his predecessor Boris Johnson and an army of government and London Stock Exchange officials had held intermittent talks with SoftBank in an attempt to convince it of the merits of a dual, if not full, listing in London. While ARM is British it was bought by the Japanese conglomerate SoftBank, who only wants to see it listed in the US. https://fudzilla.com/news/56446-arm-...ist-in-us-only

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