[Market Eye] Can Arm stake deal spur Samsung's breakthrough?
Korea HeraldAPR 2022
The decision to bail on London's market in favor of the US is a major blow to the UK when considering that Arm's initial public offering will be one of the largest of 2023. The decision is part of a wider move by British-based companies to ditch the UK for overseas markets — this is not a good sign for future trends.
The decision by Arm is a sign that the global initial public offering market is beginning to recover. While the US remains concerned over a recession, decisions by major companies to attract major public funding worldwide — especially in Asia — is a good sign for the global economy overall.