Corporate Finance
Tencent Seeks at Least $4.5 Billion Through Dollar and Yuan Bond Sale to Fund Expansion
Chinese technology giant Tencent Holdings is seeking to raise at least $4.5 billion through a four-part bond offering denominated in US dollars and...
Bank of America Loses Senior Dealmakers but Vows to Expand Investment Banking Business
Bank of America is stepping up efforts to strengthen its investment banking business after losing several senior bankers to rivals, including JPMorgan Chase,...
India’s SP Group Eyes Dollar-Rupee Debt Strategy to Raise Fresh Funds
India’s Shapoorji Pallonji (SP) Group is planning a fresh fundraising exercise involving both US dollar and rupee-denominated debt as the conglomerate seeks to...
Amazon to Raise $5.8 Billion in First Sterling Bond Sale
Amazon is set to raise about $5.8 billion (£4.25 billion) through its first-ever sterling-denominated bond sale, marking the technology giant’s latest move to...
Samsung Shares Slide as Record Payout Plan Falls Short of Investor Expectations
Shares of Samsung Electronics fell sharply on Monday after investors reacted negatively to the company’s record shareholder-return plan. Samsung announced plans to return...
SK Hynix to Pay Majority of 2026 Employee Bonuses in Company Stock
SK Hynix has reached a tentative wage agreement with its South Korean workers that will see employees receive at least 60% of this...
Samsung Reportedly Plans Major $72 Billion Shareholder Return Programme
Samsung Electronics is reportedly preparing to unveil a shareholder return programme worth more than $72 billion, in a move that could rank among...
Lasaco Assurance Raises N19.3 Billion to Strengthen Capital Base
By Benson Daniel Lasaco Assurance Plc has successfully raised N19.3 billion through a capital-raising exercise, strengthening its financial position as the company moves...
