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The British chip giant Arm plans to list its shares in the US

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The Cambridge-based company aimed to raise $10 billion (£8 billion). In March, the company dealt a blow to the UK by announcing that it had no intention of listing its shares in London. Arm was bought by Japanese firm SoftBank in 2016 in a deal worth £23.4bn. At the time, Arm was listed in both London and New York. The company creates the technology that powers processors, also known as chips, in...

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