ARM decides to list in US only

Stefan Mileschin · 6th March 2023, 14:13

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, 14:13	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,652	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

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
EU decides you will not own your self-driving car data	Stefan Mileschin	WebNews	0	13th October 2018 15:44
Party Bot decides who's on the guest list, what music to play	Stefan Mileschin	WebNews	0	17th March 2017 06:20
AMC decides not to let people text in theaters after all	Stefan Mileschin	WebNews	0	18th April 2016 05:23
Yahoo decides to hack off users	Stefan Mileschin	WebNews	0	25th November 2015 14:42
Cameron decides he wants web porn censorship after all	Stefan Mileschin	WebNews	0	22nd December 2012 06:31
HTC decides to buy S3 after all, keeps it on ice for future patent wars	Stefan Mileschin	WebNews	0	13th June 2012 07:25
RIM decides to hire marketing manager	Stefan Mileschin	WebNews	0	7th May 2012 06:22
HP decides it will sell a tablet after all	Stefan Mileschin	WebNews	0	5th October 2011 06:31
Pornographer decides to use Blu-ray : Betamax revisted?	jmke	WebNews	2	20th January 2006 21:28
Microsoft decides to cut features in upcoming Longhorn	jmke	WebNews	0	13th April 2004 08:06