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

By Anton Bridge TOKYO (Reuters) – The roaring success of Arm Holdings’ stock market debut makes it much easier for owner SoftBank Group 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 billion from Arm’s offering while retaining 90.6% of the firm. Known for debt-fuelled acquisition sprees, SoftBank founder and CEO Masayoshi Son flagged in June that the company was shiftin…

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