Bloomberg

Pernod Ricard Weighs Deal for Jack Daniel's Maker Brown-Forman

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... owner of Jack Daniel's whiskey, as alcoholic drink companies look at ways to consolidate amid an industry downturn, people familiar with the matter said.



Blackstone Commits $250 Million to UAE Firm Despite Iran War

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ADGT is valued at about $1 billion, according to people familiar with the matter, who requested anonymity to discuss confidential matters. The move comes ...



Babylist Approaches $1 Billion in Sales as It Eyes IPO Next Year

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It's now considering a potential IPO as soon as 2027, according to a person familiar with the talks who asked not to be named discussing internal matters.



Zelenskiy Kicks Off Surprise Gulf States Tour With Defense Pitch

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... declined to be identified. Ukraine is set to sign an air security deal with Saudi Arabia, AFP reported Thursday citing an unnamed senior official. Kyiv has ...



Japan-Based SmartNews Is Said to Eye October Listing in Tokyo

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... people familiar with the matter
people familiar with the matter. The valuation could be lower than its most recent major funding round in 2021, when ...



Oreo-Maker Mondelez Joins Rush to Tap Swiss Franc Bond Market

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... person familiar with the matter who asked not to be identified. The company will use the funds to repay debt and for general corporate purposes ...



China Restricts Manus Founders From Leaving China, FT Says

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... with knowledge of the matter. The pair, who are based in Singapore, were questioned about potential violations of foreign direct investment rules and then ...



Advent Is Said to Earmark Up to $1 Billion for Defense Tech Bets

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... a person familiar with the matter
a person familiar with the matter said. The private equity fund will target companies focused on “next ...



Blackstone's BCRED Sells $450 Million Private Credit CLO

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... new collateralized loan obligation deal, finding enough demand for the debt to boost its size by $50 million, according to a person familiar with the matter.



Grifols Aims to Raise Up to $5 Billion in IPO of US Unit - Bloomberg

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... according to a person familiar with
according to a person familiar with the matter. The Spanish maker of plasma-derived drugs plans to sell ...



SpaceX to File for US IPO Soon as This Week, Information Says

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Elon Musk's company could try to raise more than $75 billion, the media outlet said, citing a person with direct knowledge of the plans. It had been ...



Janus Henderson Boosts Loan, Scraps Junk Bond Tied to Buyout

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... person familiar with the matter
person familiar with the matter. The loan priced at 2.75 percentage ...



Trump Team Examines What Oil as High as $200 a Barrel Would ...

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... the economy, according to people familiar with the matter, a sign senior officials are studying the possible fallout from extreme scenarios for the Iran war.



Red Lobster's Last Gasp - Bloomberg.com

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“Fortress is trying to make this work, but they aren't going to continue to throw good money after bad,” says a person close to Red Lobster, who wasn't ...



Sembcorp Picks Banks for $2 Billion Alinta Loan in Aussie Push

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and Oversea-Chinese Banking Corp, the people said, who asked not to be identified discussing private matters. Sembcorp had announced the A$6.5 billion ...



Bangladesh Faces Slow Nuclear Start As Energy Crisis Deepens

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They asked not to be named as they are not authorized to speak to the media. Bangladesh plans to install two VVER reactors — Russian-designed pressurized ...



Valero Port Arthur Refinery Has Fire at Diesel Hydrotreater

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A few minor injuries were reported, said the people, who asked not to be named as they're not authorized to speak to media. A Valero spokesperson said all ...



Fees to Ship Saudi Crude From Yanbu Ease as More Tankers Arrive

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... asked not to be named as the conversations are not public. The vessel's age is likely to have contributed to the lower rate this week, they added. Yanbu ...



ECB to Start Fresh Checks on Banks' Exposure to Private Credit

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The ECB plans to ask banks for details of their dealings with direct lenders, said some of the people, who asked to remain anonymous as the matter is private.



Americans Aren't Afraid of Using China's AI Models - Bloomberg

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... a person familiar with the matter. Wheely comes to NYC: London-based ride-hailing app Wheely is making its debut in the US, targeting business executives ...



Iran Gas Flow to Turkey Said to Stop After South Pars Strike

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... stopped natural gas exports to Turkey following an Israeli strike on the giant South Pars gas field last week, according to people familiar with the matter.



CVC-Backed RAC Said to Kick Off Investor Meetings for London IPO

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RAC Group has begun sounding out investors for a potential initial public offering in London, according to people familiar with the matter, as the driving ...



Encube Ethicals Is Said to Hire Banks for $400 Million India IPO

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... people familiar with the matter
people familiar with the matter. The contract drug manufacturer has appointed JM Financial Ltd. and JPMorgan Chase ...



AlphaSense Said to Seek Hundreds of Millions in Fresh Funding

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Market-research startup AlphaSense is seeking hundreds of millions of dollars in fresh funding, according to people familiar with the matter, riding a wave ...



Mizuho Taps Morgan Stanley's Stosic to Co-Lead LevFin - Bloomberg

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... Financial Group Inc. has hired Fil Stosic from Morgan Stanley as co-head of leveraged finance capital markets, according to a person familiar with the matter.



iOS 27 Features: Apple AI Reboot With Siri App, New Interface, 'Ask ...

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Apple also is modernizing Siri by giving it a fresh look and chatbot-like experience, according to people with knowledge of the matter. The new Siri is ...



Millennium Explores Relocating Its Dubai Staff to a New Base

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... with knowledge of the matter said, asking not to be identified because the details are private. The Channel Islands jurisdiction is one of the more than 140 ...



Iran Charges Some Ships Hormuz Transit Fees for Safe Passage

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... requested anonymity to discuss sensitive dealings. Some vessels have made the payment, though the mechanism wasn't immediately clear — including the ...



Republican Party Eyes Dallas for Unusual Midterm Convention

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The GOP is likely to host the novel midterm gathering in the northern Texas city, according to multiple people who requested anonymity to detail private ...



Amazon Acquires Fauna Robotics, Entering Consumer Humanoid ...

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The cloud-computing and e-commerce giant closed the deal for Fauna last week, according to people familiar with the purchase, who requested anonymity to discuss ...



SMFG Said to Have No Immediate Plan to Take Over Jefferies

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Sumitomo Mitsui Financial Group Inc. has no immediate plan to take over Jefferies Financial Group Inc., according to people with direct knowledge of the ...



VPBank Seeks $1.2 Billion in One of Vietnam's Largest ESG Deals

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Vietnam Prosperity JSC Bank is seeking a sustainability‑linked loan of about $1.2 billion, according to people familiar with the matter, in what would be ...



China's State Refiners Explore Iranian Oil Deals After US Waiver

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China's state-owned refiners have begun exploring purchases of Iranian crude, according to people familiar with the matter, after Washington allowed the ...



Credit Suisse's AT1 Bond Crash Fueled Leadership Crisis at HDFC

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People familiar with the matter say the rift came down to differing views over accountability, particularly over client losses tied to risky bonds sold by ...



Danone to Buy Celebrity-Backed UK Protein Drinks Maker Huel

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The Financial Times reported a price of about €1 billion, citing a person close to the deal. Huel sells a variety of ready-to-eat drinks that are fortified ...



Apple's John Ternus Profile: The Likely Successor to Tim Cook as ...

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Ternus knows he needs bolder products and a strong approach to AI, a person close to him says. He's been leading work on a set of unreleased AI-powered home ...



Isar Aerospace in Talks to Raise €250 Million Ahead of Launch

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... a person familiar with the matter
a person familiar with the matter. The company is planning its second attempt to reach orbit, after its first launch ...



Mastercard Takes Hit From the Failure of Brazil's Banco Master

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Some of the shares it received in BRB, as Banco de Brasilia is known, have already been sold, according to a person familiar with the matter. Mastercard ...



JPMorgan Kicks Off $8 Billion Junk-Bond Sale for EA Buyout

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... a person with direct knowledge of the matter. Initial price talk on $3.75 billion of dollar-denominated secured bonds is in the high 7% area, while a $1.75 ...



JPMorgan Shifts EA Buyout Debt Mix, Boosts Loan to $5 Billion

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... asked not to be identified because they're not authorized to speak publicly. As banks navigate volatile markets to sell risky debt tied to buyouts, they're ...



UAE Restarts Main Gas Supply Plant While Idling Most LNG Output

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... asked not to be identified discussing sensitive information. The 6 million-ton-a-year facility hasn't been fully halted to allow for a quick restart ...



JPMorgan Offers Clients a New CDS Basket to Hedge AI Debt Risk

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Trades occur in $25 million increments — $5 million for each firm's swaps — said the people, who asked not to be named because the information isn't public.



Spotify Lays Off 15 People, About 3% of Podcasting Staff

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As part of the cuts, the Ringer sports program New York, New York with John Jastremski will be canceled, according to a person familiar with the moves who asked ...



Gilead Nears Deal to Buy Ouro Medicines for Its Autoimmune Drugs

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... Ouro Medicines, a closely held company testing novel antibody drugs against autoimmune diseases, according to a person familiar with the negotiations.



Leonid Radvinsky, Who Changed Porn With OnlyFans, Is Dead at 43

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... according to a person familiar with the matter. As of February, the talks were still in their early stages, said the person who asked not to be identified ...



Aramco CEO Withdraws From Houston Event to Deal With War

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Nasser's priority is dealing with the situation in the Middle East, according to a person familiar with the matter. The situation in the Middle East ...



Iran War Tensions Spike With Trump's Two-Day Deadline - Bloomberg

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... person familiar with the matter said. Chinese leaders delivered contrasting views of the country's record $1.2 trillion trade surplus at the China ...



Elliott Said to Take Multibillion-Dollar Stake in Synopsys - Bloomberg

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... people familiar with the matter
people ...



Paschi Said to Review Lovaglio Position at Monday Board Meeting

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... chief executive officer after he agreed to stand for another term under a rival proposal by a minority shareholder, people familiar with the matter said.



Fannie, Freddie Placing Large Bids for Mortgage-Backed Bonds

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... backed securities, stepping into a market roiled by widening bond spreads and a surge in volatility, according to a person with direct knowledge of the matter.

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