"Arm IPO: Advisers rake in $84mn fees while Instacart hopes for similar success"

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Source: Financial Times
TL;DR Summary

The initial public offering (IPO) of Arm Holdings has resulted in an $84 million fees windfall for its advisers. The IPO, which is expected to be one of the largest in history, has generated significant fees for the banks involved in the process. Arm, a semiconductor and software design company, is set to go public in the coming months.

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