finance

Softbank shares surge 20% on OpenAI, SB Energy IPO cheer

Sumitomo Life and Daiichi Life to expand private credit investment

SoftBank Group Corp.-backed digital infrastructure firm SB Energy Corp. plans to file a confidential draft registration statement for a proposed initial public offering in the US, the company said in a Wednesday statement.

CEO of JPMorgan Chase Jamie Dimon speaks exclusively with Bloomberg's Haslinda Amin about the rout in bond markets, the risk of heightened inflation, and why corporate earnings remain so high. (Source: Bloomberg)

Some of the European Union’s political and business leaders say they know how to make the bloc more competitive: Reform merger policy to allow the creation of more global “champions.”

A successful sale could value the company at a record-setting $1.75 trillion.

Sumitomo Life and Daiichi Life to expand private credit investment

SoftBank Group Corp.-backed digital infrastructure firm SB Energy Corp. plans to file a confidential draft registration statement for a proposed initial public offering in the US, the company said in a Wednesday statement.

Raizen SA is considering pushing ahead with a debt restructuring plan over the objections of offshore bondholders, calculating that it has enough backing from bank creditors and local noteholders to win majority support, according to people familiar with the matter.

It's a major win for Goldman's dealmaking division.