Danantara shifts into deployment era with US$12 billion war chest
A global bond sale is also being targeted as Indonesian sovereign wealth fund scales up deployment Indonesian sovereign wealth fund Danantara is ramping up deployment of about…
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US12
Apollo weighs potential US$12 billion sale of Atlas Air
Apollo Global Management is exploring a potential sale of its aviation company Atlas Air Worldwide Holdings, according to sources familiar with the matter. The US investment firm is in the…
Amazon seeks US$12 billion from first US bond sale in three years
Amazon.com is seeking to raise about US$12 billion through a debt offering – its first such deal in US dollars in about three years – amid an industry-wide race to build artificial…
Novartis agrees to buy Avidity in US$12 billion biotech deal
Novartis agreed to buy biotechnology company Avidity Biosciences in a deal that values it at US$12 billion, according to the Swiss drugmaker. Novartis will pay US$72 a share in cash,…
OpenAI hits US$12 billion in annualised revenue, The Information reports
GPT-MAKER OpenAI roughly doubled its revenue in the first seven months of the year, reaching US$12 billion in annualised revenue, The Information reported on Wednesday citing…
India’s small traders lose US$12 billion in equity derivatives
Mom-and-pop traders lost a combined US$33 billion over the four years through March Individuals in India lost over US$12 billion trading equity derivatives in the year ended March,…