The Big Picture
Vincent Boland: Arm’s choice of Wall St over the City triggers transatlantic stock market battle
As the UK’s most successful tech group prepares to list in New York, it suggests a shift in investor and corporate approaches to share listings is taking place with London a particular victim of the new trend
If you are going to take the plunge, it is best to dive into the deepest pool. When Arm Holdings, a British technology company, lists its shares on the stock market this year, it will do so in New York rather than London. By choosing Wall Street over the City, Arm hopes to catch some of the stardust that comes with a US tech listing. It has also triggered a transatlantic battle of the stock ...
