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McDonald’s sells US$1 billion of bonds as debt set to mature
MCDONALD’S sold US$1 billion of bonds on Tuesday (May 14) that may help the fast-food giant refinance debt due in the coming months. The company is issuing US$500 million...
Abu Dhabi hub carrier Etihad adds banks to US$1 billion IPO
ABU Dhabi hub carrier Etihad Airways has added banks to its planned initial public offering (IPO) that could raise as much as US$1 billion, according to sources familiar with...
Morgan Stanley, Frasers settle UK lawsuit over US$1 billion margin call
BRITISH retail tycoon Mike Ashley’s Frasers Group has withdrawn its London lawsuit against Morgan Stanley over a nearly US$1 billion margin call, a spokesperson for the Wall Street bank...
Novartis to buy radiology specialist Mariana Oncology for US$1 billion
Novartis has entered an agreement to acquire US radiopharmaceutical company Mariana Oncology for US$1 billion, boosting its portfolio of cancer treatments in development, the Swiss drug manufacturer said on...
JPMorgan looks to fend off Goldman and other private credit for US$1 billion
JPMORGAN Chase & Co’s leveraged finance desk and Goldman Sachs Group’s private credit team are among the firms in discussions to lead a US$1.05 billion financing for metal and...
Maersk unit worth more than US$1 billion set to trade in spinoff
AP Moller-Maersk is spinning off its towage company on Tuesday (Apr 30) in a move analysts expect to slash the transportation giant’s market value by more than 5 per...
Shell earns US$1 billion a year from US crude trading, court filing shows
FINANCIAL details of Shell’s vast oil and gas trading business are some of the company’s closest-held secrets. Documents in a lawsuit filed by a former employee, however, revealed its...
VinFast chief plans to invest US$1 billion more from his fortune in EV maker
VIETNAMESE billionaire Pham Nhat Vuong said on Thursday (Apr 25) that he planned to invest US$1 billion more from his own fortune into Nasdaq-listed electric vehicle (EV) maker VinFast,...
