UPDATE: Arm takes up most of GBP60 million Raspberry Pi share sale
Raspberry Pi Holdings PLC - Cambridge, England-based manufacturer of low-cost computers - Raspberry Pi Foundation sells 10.9 million shares at 550 pence, worth GBP60.0 million in a placing with strategic and institutional investors and retail offer run by brokers Jefferies International Ltd and Peel Hunt LLC. Strategic shareholder Arm Technology Investments 2 Ltd, part of UK-based chip designer Arm Holdings PLC, takes up most of the offer, investing GBP50 million. The share sale results are in line with plans announced after the London market close on Wednesday. Read More