观点IPO

High hopes over Arm’s relisting may clash with reality
安谋IPO:美好愿望可能遭遇骨感现实

The languishing IPO market awaits the outcome of the British chip designer’s flotation
桑希尔:考虑到地缘政治紧张,投资者对安谋的热情可能远不如这家英国芯片设计公司1998年首次上市时,其640亿美元的目标估值尤其不切实际。

A heap of hope is riding on the forthcoming stock market relisting of the British chip designer Arm in New York in what may be a defining deal of the decade. The company’s owner SoftBank, the Japanese investment firm run by the mercurial Masayoshi Son, is hoping to recoup part of the £24bn it paid for Arm in 2016 and validate its investment portfolio that has been shredded by the global tech market downturn.

英国芯片设计公司安谋(Arm)即将在纽约重新上市,这可能是本十年最具标志性的交易,人们对它寄予厚望。

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