US IPO market poised for strong finish in 2023 amid a flurry of listings

News Snapshot:

US investors are awaiting a slew of initial public offerings (IPO) in coming months, hoping to ride the recent rally in equity markets. The deals could revive demand for new listings, which have been in the doldrums for nearly two years amid rising interest rates, higher inflation, geopolitical tensions, and the Russia-Ukraine conflict. Here are the highlights: Arm British chip-designer Arm Holdings, owned by Japan's Softbank Group, launched what is expected to be this year's biggest IPO that could raise about $5 billion and value the company at as much as $52 billion. The company publicly filed its IPO with...