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Bloomberg News
Bussiness
B. Riley-Backed Franchise Group Files for Bankruptcy
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November 4, 2024
(Bloomberg) -- Franchise Group Inc., the owner of brands including the Vitamin Shoppe and Pet Supplies Plus, filed for bankruptcy...
Bussiness
Disgraced Three Arrows Founder’s Wife Sells $38 Million Singapore Mansion
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November 2, 2024
(Bloomberg) -- The wife of Zhu Su, the co-founder of collapsed cryptocurrency hedge fund Three Arrows Capital, has managed to...
Bussiness
Tesla Sells $499 Million of Debt Backed by Solar Equipment Loans
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November 1, 2024
(Bloomberg) -- Tesla Inc. sold $499 million of bonds backed by loans offered to customers buying solar equipment. Most Read...
Bussiness
Shore Capital, Silver Lake in talks over $8.6 billion pet care deal, Bloomberg News reports
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November 1, 2024
(Reuters) -Private equity firm Shore Capital Partners is in talks to partner with Silver Lake Management to combine two veterinary...
Bussiness
Saudi Arabia Nears Deal to Take Over $4 Billion Olam Unit
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November 1, 2024
(Bloomberg) -- Olam Group Ltd. received a non-binding offer from a state-owned Saudi investment firm for its agribusiness unit, according...
Bussiness
BlackRock in talks to buy private credit firm HPS, Bloomberg News reports
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October 30, 2024
(Reuters) - Asset management giant BlackRock is in advanced talks to acquire private credit firm HPS Investment Partners, positioning itself...
Bussiness
Cuckoo Said to Seek as Much as 750 Million Ringgit in IPO of Unit in Kuala Lumpur
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October 28, 2024
(Bloomberg) -- The Malaysian unit of South Korea’s Cuckoo Holdings Co. could raise as much as 750 million ringgit ($172...
Bussiness
Grocer Lulu’s $1.43 Billion Abu Dhabi IPO Sells Out in an Hour
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October 28, 2024
(Bloomberg) -- Lulu Retail Holdings Plc had demand for all shares in its 5.27 billion dirhams ($1.43 billion) initial public...
Bussiness
China’s Stimulus Aims to Boost Consumption, Top Official Says
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October 26, 2024
(Bloomberg) -- China’s recent rollout of stimulus is centered around lifting domestic demand and hitting the nation’s annual growth goal,...
Bussiness
Morocco Aims to Loosen Currency Peg to Euro-Dollar in 2026
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October 26, 2024
(Bloomberg) -- Morocco aims to loosen the kingdom’s exchange rate regime in 2026, returning to a gradual reform process that...
Bussiness
Goldman, Investors Seek Collateral in Canada as Northvolt Nears Bailout
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October 23, 2024
(Bloomberg) -- Goldman Sachs Group Inc. and several other investors willing to provide a bridge loan to Northvolt AB are...
Bussiness
Rockefeller Center’s Bond Marks Biggest CMBS Sale Since 2021
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October 18, 2024
(Bloomberg) -- A behemoth $3.4 billion bond sale backed by Rockefeller Center, one of New York City’s real estate crown jewels, wrapped up on...
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