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Glazer family members studying Manchester United stake sale, Bloomberg News reports
Glazer family members studying Manchester United stake sale, Bloomberg News reports June 3 : Some Glazer family members have been debating whether to sell their stake in Manchester United FC after more than two decades of ownership, Bloomberg News reported on Wednesday, citing people familiar with the matter. Several stakeholders in the Glazer family have been studying the possibility of divesting part or all of their holdings in the English Premier League football club, according to the...
SpaceX negotiating underwriting fees under 0.75% for IPO, Bloomberg News reports
SpaceX negotiating underwriting fees under 0.75% for IPO, Bloomberg News reports June 2 : Elon Musk's SpaceX is negotiating with banks underwriting its initial public offering to pay fees of less than 0.75 per cent on the roughly $75 billion it aims to raise this month, Bloomberg News reported on Tuesday. The banks are still likely to rake in about $500 million from the record-setting listing of the space and AI conglomerate, the report added, citing people familiar with the matter. Goldman...
SoftBank's attempt to get $6 billion OpenAI margin loan stalls, Bloomberg News reports
SoftBank's attempt to get $6 billion OpenAI margin loan stalls, Bloomberg News reports June 10 : SoftBank Group's talks with potential creditors to raise at least $6 billion from a margin loan backed by its OpenAI stake have stalled, Bloomberg News reported on Wednesday, citing sources. The company is considering various fundraising options, the report said, adding that it could still move forward with the margin loan at a later stage.
Fuji Media’s real estate unit attracts 1 trillion yen bids, Bloomberg News reports
Fuji Media’s real estate unit attracts 1 trillion yen bids, Bloomberg News reports June 4 : Broadcaster Fuji Media Holdings received stronger-than-expected interest for its real estate subsidiary Sankei Building, attracting bidders including KKR, Blackstone and Goldman Sachs, Bloomberg News reported on Thursday, citing people familiar with the matter. Last month, more than 15 companies submitted bids for the real estate unit with multiple offers above 1 trillion yen ($6.26 billion), the...
Bloomberg Retracts Incorrect Story on RBI Gold
Bloomberg News retracted a story published June 2 that was based off an incorrect analysis by Bloomberg Economics. The analysis erroneously used same-day domestic gold prices to value RBI’s gold reserves. Using previous day’s London Bullion Market Association price shows that gold holdings were unchanged in May.
Billionaire Hotelier Wants to Take Japan’s APA Global
The family-run APA hotel chain that turned efficiency into a hospitality empire is betting it can export its uniquely Japanese formula abroad, starting with North America. APA Group CEO Isshi Motoya spoke with Bloomberg News' Momoka Yokoyama in Tokyo.
Starbucks mulls options for Japan business, including stake sale, Bloomberg reports
Starbucks mulls options for Japan business, including stake sale, Bloomberg reports June 9 : Starbucks is weighing options for its Japanese business, including a stake sale, Bloomberg News reported on Tuesday. A stake sale might be valued at ¥400 billion ($2.5 billion) to ¥500 billion, possibly attracting interest from other industry players and private equity firms, the report added, citing people familiar with the matter. Starbucks did not immediately respond to Reuters' request for a...
Trump Family’s Stablecoin Wealth Fueled by Binance Relationship
World Liberty Financial Inc., which was co-founded by US President Donald Trump and his sons, is on track to generate nearly $150 million this year from issuing USD1, a dollar-pegged token it launched in March 2025, according to a Bloomberg News analysis of financial filings.
EU has had productive meetings with Anthropic over possible future access to Mythos
EU has had productive meetings with Anthropic over possible future access to Mythos BRUSSELS, June 1 : The European Commission has had several productive meetings with Anthropic regarding possible future access for EU bodies to Anthropic's Mythos AI product, it said on Monday. The EU was responding after Bloomberg News reported earlier that Anthropic was set to give the EU's cybersecurity agency access to Mythos. Designed to find flaws in computer code to help bolster defences against...
SoftBank sinks 10% as Asia tech stocks tumble, tracking Wall Street losses
Asian semiconductor and technology stocks resumed their slide Wednesday, tracking overnight losses on Wall Street after a brief rebound in chipmakers lost steam amid lingering concerns over stretched artificial intelligence-related valuations. Japan's Softbank Group plunged 10% amid a broader decline in tech names and after efforts to secure at least $6 billion through a margin loan backed by its OpenAI stake hit a snag, according to Bloomberg News. The Japanese tech investment giant is...