softbank arm: SoftBank’s Arm to pursue US-only listing this year
British chip technology firm Arm Ltd, owned by Japanese conglomerate SoftBank Group Corp, said on Friday it will pursue a US-only listing this year, ending speculation about a primary or a secondary listing in the UK.Still, the company did not completely rule out an eventual London listing, saying it intended to consider a subsequent initial public offering there in due course, without providing further details.Arm is the world's biggest supplier of chip design elements used in smartphones, selling intellectual property…