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SoftBank is said to pitch a $10bn IPO of Arm.
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EU antitrust regulators extended their deadline for a decision on US chipmaker 博通 's proposed $61bn bid for cloud computing firm VMware by three days to June 26,?Reuters?reported.
Broadcom Chief Executive Hock Tan sought to convince the European Commission of the merits of the deal at a closed hearing. The company is expected to offer remedies in the coming days.
VMware is advised by 高盛 (led by? Sam Britton ), J.P. 摩根 , Gibson Dunn (led by? Andrew Kaplan ?and? Barbara Becker ) and FGS Global (led by? Paul Kranhold ). Financial advisors are advised by Debevoise & Plimpton (led by? Michael Diz ) and Sullivan & Cromwell LLP (led by? John Savva ?and? Alison Ressler ). Broadcom is advised by 美国银行 (led by? Ron Eliasek ?and? Kevin Brunner ), Barclays (led by?Gary Posternack,? Richard Hardegree ?and? Laurence Braham ), 花旗 (led by? Dan Mallegni ?and? Tyler Dickson ), 瑞信 , 摩根士丹利 (led by? Anthony Armstrong ), 富国银行 , Cleary Gottlieb Steen & Hamilton LLP , 美迈斯 (led by? Adit Khorana ), Wachtell, Lipton, Rosen & Katz (led by? Viktor Sapezhnikov ,? Ron Chen ?and? David Karp ), 博然思维集团 and Joele Frank (led by? Arielle Rothstein ,? Tim Ragones ?and? Joele Frank ). Financial advisors are advised by Cooley LLP (led by? Ben Beerle ). Silver Lake is advised by Simpson Thacher & Bartlett LLP (led by? Atif Azher ).
VINFAST , an automotive manufacturer, agreed to go public via a SPAC merger with Black Spade Acquisition, a blank check company, in a $27bn deal.
"VinFast has already demonstrated the ability to quickly reach international markets. The partnership with Black Spade and listing of VinFast in the US represents the perfect capital raising avenue for our future global ambitions and is also an important accomplishment for Vingroup," Madame Thuy Le, VinFast CEO.
VinFast is advised by Chardan . Black Spade is advised by Jones Trading and Davis Polk & Wardwell LLP (led by? James C Lin ).
Newcrest Mining has extended the exclusivity period by a week for Newmont Corporation to complete its due diligence on its $19.5bn final takeover offer for the Australian gold miner,?Reuters?reported.
The exclusivity period for Newmont's best-and-final offer was set to expire on May 11, has now been extended until May 18.
"Newmont has substantially completed due diligence and Newcrest has agreed to extend Newmont's exclusivity ... on the same terms as previously announced to provide further time for Newmont to complete its due diligence and submit a binding offer," Newcrest.
Newcrest Mining is advised by Gresham House , J.P. 摩根 and Herbert Smith Freehills (led by? Rodd Levy ). Newmont is advised by 美国银行 , Centerview Partners , Lazard , King & Wood Mallesons and White & Case LLP .?
东芝 is working with Japan Industrial Partners to quickly complete a $15.2bn buyout by the private equity firm, as the industrial conglomerate forecast another year of weak earnings,?Reuters?reported.
"The management team concluded there was an expectation that the transaction would help the company build a stable management base" and "is therefore working with JIP to quickly complete the transaction", Toshiba.
Toshiba is advised by J.P. 摩根 , 瑞穗实业银行 , Nomura , 瑞银集团 , Morrison Foerster , Nagashima Ohno & Tsunematsu , Nishimura & Asahi , White & Case LLP and Kekst CNC (led by? Jochen Legewie ). JIP is advised by Crosspoint Advisors , Davis Polk & Wardwell LLP (led by? Ken Lebrun ), Hengeler Mueller (led by?Thomas Meurer), Shearman & Sterling LLP (led by? Derek Kershaw ,? Simon Letherman ?and? Etienne Gelencser ), Slaughter and May (led by?Richard Hilton?and? Edward Fife ) and TMI Associates .
SoftBank is said to pitch a $10bn IPO of Arm.?
SoftBank Group International has started testing investor appetite for an initial public offering of British chip designer Arm , which could raise as much as $10bn.
The Japanese conglomerate may launch the share sale in New York as soon as September. The IPO is on course to be the largest globally this year.
Arm last month confidentially filed for a US listing. 高盛 , J.P. 摩根 , Barclays and 瑞穗实业银行 were named as IPO banks in the filing. A left lead bank hasn't been identified yet. More banks are expected to be added to the line up,?Bloomberg?reported.
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