Banks kicked off a $3.35 billion bond sale Tuesday to help pay for Roark Capital Group’s buyout of restaurant chain Subway, according to people with knowledge of the matter. from Bloomberg Markets https://ift.tt/N5UPDSu
European brewers are hoping for a bumper summer as sporting events and better weather send customers flocking to the pub. https://www.wsj.com/articles/sports-and-sunny-weather-to-lift-beer-sales-in-europe-this-summer-b68bd6a4
Former President Trump’s attorneys on Monday accused the government of “unconstitutional censorship” in response to federal prosecutors asking the judge in his classified documents case for a gag order. In a court filing, Trump’s outraged legal team asked a federal judge in Florida to sanction and fine prosecutors from special counsel Jack Smith’s office, which…
Pro-democracy activist Chow Hang Tung was among those arrested over alleged social media posts. https://ift.tt/PhV52tl May 28, 2024 at 05:00PM
Activist investor Elliott Investment Management has invested more than $2.5 billion in Texas Instruments Inc. and is pushing the company to improve its free cash flow. from Bloomberg Markets https://ift.tt/qoWOilh
Kelley James has made a career out of teasing people who aren’t used to being teased. “I don’t know if I ever laughed so hard in my life.” https://www.wsj.com/articles/ceo-singer-kelley-james-0af84ff3
Elliott, the $65 billion hedge fund best known for its shareholder activism, has made a $2.5 billion investment in Texas Instruments. https://www.cnbc.com/2024/05/28/activist-elliott-takes-2point5-billion-stake-in-texas-instruments.html
Germany’s financial watchdog is lifting a three-year-old cap on the number of customers N26 Bank AG can take on after the fintech worked to improve its financial crime and anti-money laundering controls. from Bloomberg Markets https://ift.tt/S14UjH0
The long-awaited offering, if it proceeds, would alleviate near-term pressure on the kingdom to raise funds. https://www.wsj.com/articles/saudi-arabia-to-raise-10-billion-to-20-billion-in-fresh-aramco-stock-sale-e8e70ba8
Terry Haines, Pangea Policy founder, says the Biden administration needs to take a stronger stance against Iran and its ambitions to build a nuclear weapons program. He appears on “Bloomberg Surveillance.” (Source: Bloomberg) from Bloomberg Markets https://ift.tt/utrGJW5