Intel contemplating enterprise cut up as earnings plunge

Intel Corp. is working with funding bankers to assist navigate probably the most troublesome interval in its 56-year historical past, in line with folks conversant in the matter. The corporate is discussing numerous situations, together with a cut up of its product-design and manufacturing companies, in addition to which manufacturing unit initiatives would possibly probably … Read more

Bankers mop up $243.8 million in ECM charges in H1, highest since 2007

Funding bankers mopped up $243.8 million in fairness capital market (ECM) underwriting charges within the first half of the 12 months, up 127 per cent from a 12 months in the past and the best first half complete since 2007, based on a report by LSEG Offers Intelligence. Citi leads the rating for the underwriting … Read more

SEBI widens disclosure norms for IPOs

The Securities and Change Board of India (SEBI) has despatched a 31-point advisory to funding bankers, requiring enhanced disclosures and elevated due diligence on corporations tapping the marketplace for preliminary public choices (IPOs). The advisories could make life troublesome for corporations, bankers and authorized corporations alike, make supply paperwork bulkier and push again IPO timelines … Read more

IndoSpace begins work on $700-800 million InvIT, to checklist subsequent 12 months

Everstone-backed IndoSpace, which develops and manages industrial and logistics parks in India, has began work on floating an infrastructure funding belief (InvIT) and lift round $700-800 million, sources mentioned. This would be the largest InvIT in India. Talks are on with funding bankers, they usually embody Morgan Stanley, Jefferies, and Goldman Sachs, amongst others. The … Read more