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GIC, Macquarie explore US$2 billion stake sale in Philippines’ EDC: sources
SINGAPORE’S GIC and Australia’s Macquarie are looking at selling their stake of roughly 30 per cent in Philippine renewable energy firm Energy Development Corp (EDC), a deal that could...
Cloud firm Snowflake seeks US$2 billion in convertible bonds
SNOWFLAKE is seeking to raise US$2 billion from the sale of convertible bonds. The data analytics provider is offering two tranches of US$1 billion each in a private placement,...
US crude oil climbs more than US$2 on fears of Hurricane Francine
OIL prices climbed more than 2 per cent on Wednesday, driven by fears of lengthy production shutdowns in the US offshore oil patch, which Hurricane Francine was barreling through on the way...
Salesforce nears deal to buy startup Own for US$2 billion
SALESFORCE said it was buying data protection and management solutions provider Own for US$1.9 billion, the company’s second acquisition this week.The deal “underscores our commitment to providing secure, end-to-end...
SVB bankruptcy plan approved, but US$2 billion FDIC fight lingers
A JUDGE approved SVB Financial Group’s restructuring deal but dealt the company a setback in its fight with federal regulators to recover about US$2 billion it had at its...
Goldman sells significant risk transfer bond tied to US$2 billion of private fund loans
GOLDMAN Sachs is selling a bond that will help it offload risk from a portfolio of about US$2 billion of loans, according to sources with knowledge of the matter.The...
Singapore refinery sale, Dutch plant delay to cost Shell US$2 billion in impairment
SHELL expects as much as US$2 billion of impairments in its second-quarter earnings related to a delayed biofuels plant under construction in the Netherlands and its chemicals facility in...
Singapore refinery sale, Dutch plant delay to cost Shell US$2 billion in impairment
SHELL expects as much as US$2 billion of impairments in its second-quarter earnings related to a delayed biofuels plant under construction in the Netherlands and its chemicals facility in...
