Sale
Blackstone is said to consider sale of US$7 billion Visa firm VFS
BLACKSTONE is considering options including a sale of its majority stake in visa outsourcing and technology services firm VFS Global after receiving interest from prospective investors, sources familiar with...
Uber kicks off its first bond sale as investment-grade firm
UBER Technologies is tapping the US investment-grade bond market for the first time since it attained blue-chip status.
The ride hailing service is looking to sell the bonds in as...
Abu Dhabi’s Adnoc kicks off long-stalled debut bond sale
ABU Dhabi state oil giant Adnoc kicked off its debut bond sale on Wednesday (Sep 4) that could raise up to US$5 billion more than two and a half...
Germany to target sale of 5% in Commerzbank
Berlin currently owns about 16.5% in Commerzbank, worth roughly 2.5 billion eurosThe German government plans to sell as much as 5 per cent in Commerzbank in a first step...
Subway eyes US$2.3 billion asset-backed debt sale
SUBWAY is tapping the asset backed securities market for the second time this year as the sandwich restaurant chain looks to borrow US$2.3 billion. The company, which has the...
Adani Enterprises’ debut public bond sale to see strong demand, bankers say
THE maiden public issue of bonds by India’s Adani Enterprises is expected to witness strong demand as yields are attractive, four merchant bankers said on Wednesday (Aug 28).
The company...
Warren Buffett reaps almost US$1 billion from sale of more BofA shares
WARREN Buffett sold an additional US$982 million of Bank of America (BofA) stock as his conglomerate continues to shrink its investment in the second-largest US bank.
His Berkshire Hathaway has...