Nasdaq’s Surprisingly Tough Fight for the Year’s Marquee IPO

Bloomberg ad to Nasdaq Inc. ll the stops to lure chip designer Arm Ltd. The proposed listing sparked a remarkable, behind-the-scenes scrum involving heads of state, excha Arm Ltd. cials.

Nasdaq Chief Executive Officer Adena Friedman the year t Most Read from Bloomberg with a proposal that included a stunning $50 million joint marketing package and guidance on inclusion in the Nasdaq 100 index.

SoftBank foun SoftBank Group Corp. nted multiple exemptions to list in L three , including one months ing related-party transactions.

Adena Friedman ed with Nasdaq staff on research to show dual-listed stocks tend to underper $50 million peers over time.

The report analyzed a group of more than 550 c 100 anies with valuations between $10 billion and $50 billion.

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