Saturday, December 26, 2020

Merger and acquisition deals spike in 2nd half as firms strive to stay afloat

Deal volumes are now down about 6% for the year to $3.5 trillion, according to data compiled by Bloomberg. Still, the fact that about two-thirds of those were inked since the start of July has advisers talking about a dramatic comeback, after the first half of 2020 froze M&A and sent North American deal activity down more than 50%.

from Tech-Economic Times https://ift.tt/2JiSUr0

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...