ARM Holdings (ARMHF) is said to consider a potential public offering if delays and competition concerns prove obstacles in its sale to Nvidia (NASDAQ:NVDA).
A public offering is a possibility if Nvidia is unable to buy ARM from Softbank (OTCPK:SFTBY), according to a Telegraph report, which cited sources close to the parties. New York is likely where ARM would be listed, though no process is happening.
ARM CEO Simon Segars denied that a public offering is a consideration, saying "there is no IPO planning going on ARM, we are 100% focused on closing this transaction."
The Telegraph report says that Nvidia still hasn't submitted paperwork to EU antitrust authorities and likely won't until September as the EU summer holidays start tomorrow.