 "OfBusiness Aims for Billion IPO Amid India’s Booming Market")
OfBusiness, a SoftBank-backed Indian online platform that supplies raw materials to businesses, is planning an initial public offering (IPO) worth up to $1 billion. The company is in talks with major banks, including Bank of America and JP Morgan, aiming for a listing on Indian stock exchanges in the second half of 2025. The IPO ...
 "Blackstone in Pursuit: .5 Billion AirTrunk Acquisition on the Horizon")
Blackstone Inc. is close to finalizing a significant deal to acquire Australian data center operator AirTrunk for over A$20 billion (approximately $13.5 billion), including debt. This transaction could be one of the largest in digital infrastructure this year. Blackstone has outbid other competitors, including a consortium with well-known investors, and is currently negotiating final terms ...
 "ByteDance Seeks .5 Billion Loan Amid Evolving Global Ambitions")
ByteDance, the Chinese company behind TikTok, is seeking a $9.5 billion loan, marking the largest dollar loan for a corporation in Asia outside of Japan. Major banks like Citigroup, Goldman Sachs, and JPMorgan are coordinating this effort, which is set for three years with an option to extend. The loan will help refinance a previous ...
 "Adani Wilmar Eyes Expansion: Billion Acquisition Drive in FMCG Sector")
Adani Wilmar is set to enhance its presence in India’s packaged consumer goods Market with plans to acquire three food companies, backed by a $1 billion acquisition fund. This strategy focuses on brands that specialize in spices, ready-to-cook foods, and packaged edibles, aiming to increase revenue from consumer sectors to 25-30%. The company has already ...
 "Indonesia-Africa Forum: Uniting Forces for .5 Billion in Business Deals")
Indonesia is set to sign $3.5 billion in business deals with African countries during the second Indonesia-Africa Forum taking place in Bali. The forum, running until September 3, aims to boost economic cooperation as Indonesia looks to expand its export markets. President Joko Widodo highlighted the increased trade volumes and agreements between Indonesia and Africa ...
 "Big Tech Titans Eye OpenAI’s 0 Billion Funding Opportunity Amid AI Arms Race")
OpenAI is attracting significant interest in its latest funding round from the top three tech companies: Nvidia, Apple, and Microsoft. This round aims to value the artificial intelligence startup at over $100 billion, with Nvidia considering a $100 million investment and Thrive Capital leading with around $1 billion. Microsoft is already OpenAI’s largest backer with ...
The global cryptocurrency Market is expected to reach a valuation of USD 17.03 billion by the year 2033, according to a recent report. This significant growth is driven by increasing adoption of digital currencies and blockchain technology across various industries. With the rising popularity of cryptocurrencies like Bitcoin and Ethereum, the Market is poised for ...
Tether, the popular stablecoin, has recently minted another $1 billion worth of coins. The last time this happened, Bitcoin saw a significant price surge, reaching as high as $73,000. This news has caught the attention of investors and traders alike, as they speculate on how this latest influx of Tether could impact the cryptocurrency Market. ...
Today’s Current Affairs: Global Super-Rich Club Hits Record 15 Members with Fortunes Over $100 Billion The world’s super-rich club is now boasting 15 members with fortunes exceeding $100 billion, the highest number on record. These billionaires are thriving in industries such as artificial intelligence, luxury goods, and geopolitical shifts. Their combined net worth has surged ...
Data warehousing giant Snowflake is reportedly in discussions to acquire artificial intelligence startup Reka AI for a whopping $1 billion, according to sources cited by Bloomberg. This potential acquisition could significantly boost Snowflake’s capabilities in the AI space and further solidify its position in the Market. Stay tuned for more updates on this developing story. ...
