Arm’s stellar listing sets the stage for more SoftBank acquisitions

News Snapshot:

[1/2] A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing Rights TOKYO, Sept 15 (Reuters) - The roaring success of Arm Holdings' (ARM.O) stock market debut makes it much easier for owner SoftBank Group (9984.T) to revert to its natural state - acquisition-hungry. Shares in the British chip designer jumped almost 25% on its first day of trade - propelling its value to more than double the $32 billion SoftBank paid to acquire it in 2016. The tech investment behemoth raised nearly $5...