The Poonawalla Group is planning to raise $1 billion by the end of 2025 to expand its non-banking financial company…
Tag: billion
British American Tobacco sells $1.5 billion stake in India’s ITC via block deal
By Scott Murdoch (Reuters) -British American Tobacco has sold a $1.5 billion stake in Indian consumer goods company ITC at…
EU artists generated more than $1.8 billion on Spotify in 2024, up 15% YoY
MBW’s Stat Of The Week is a series in which we highlight a data point that deserves the attention of…
India records $81.04 billion FDI inflow in FY 2024–25, services sector leads with 40% growth
India received foreign direct investment (FDI) inflows worth USD 81.04 billion (provisional) in the financial year 2024–25, reflecting a 14%…
Groww files for $700 million-$1 billion initial public offering: Reports
Indian online investment platform Groww has filed draft papers confidentially with the country’s markets regulator for an initial public offering…
Exclusive-OnlyFans owner in talks to sell to investor group at about $8 billion value, sources say
By Echo Wang, Linda So and Milana Vinn (Reuters) -OnlyFans owner Fenix International Ltd is in talks to sell the…
BioNTech Strengthens UK Ties with Investment of Up to $1.33 Billion
German vaccine maker BioNTech SE (NASDAQ:BNTX) revealed on May 20 that it intends to boost its presence in the UK…
Argentina approves $2.5 billion Rio Tinto lithium mining project
By Lucila Sigal BUENOS AIRES (Reuters) -Argentina’s government on Tuesday approved a $2.5 billion lithium mining project by Anglo-Australian giant…
Gold trading hits $298 billion daily in March, says WGC report
Gold is more liquid than many major global financial assets, with average daily trading volumes reaching approximately US$163 billion in…
Advanced Micro Devices to Sell ZT Systems’ Data Center to Sanmina for $3 Billion
Advanced Micro Devices, Inc. (NASDAQ:AMD) announced on Monday that it entered into a definitive agreement with Sanmina (NASDAQ:SANM) to sell its…