IPOs & Markets
The investor is selling 50 million ASX CDI in the company.
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SoftBank's PayPay buys 40% stake in Binance Japan in digital payment push
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India launches pilot for e-commerce payments via ChatGPT
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HSBC offers $13.6b to buy rest of Hong Kong's Hang Seng Bank
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Analysis
The crypto adoption rate in the country rose to 31% as of early this year.
Deals
The deal means ABB has abandoned its plan to separately list the business.
Private Equity
The total estimated cost of the transaction is A$427.4 million.
Private Credit
The US and Europe are saturated; competition has driven down margins, and bets are riskier.
Climate Tech & ESG
The EDPR deal comprises 10 assets with about 1,632 MW of capacity.
AMD executives expect the deal to net tens of billions of dollars in annual revenue.
People
Jonsson will stay on as honorary chair and founder.
Bitcoin’s previous record was $124,480 in mid-August.
Froneri is a JV between PAI Partners and Swiss packaged food giant Nestle.