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Mideast wealth funds draw US scrutiny over China ties – Bloomberg News

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Mideast wealth funds draw US scrutiny over China ties – Bloomberg News

Nov 24 (Reuters) – Middle Eastern wealth funds are facing greater U.S. scrutiny as part of a pushback on entities potentially having closer ties to China, Bloomberg News reported on Friday. The Committee on Foreign Investment in the United States is reviewing more than half a dozen deals on concerns of national security risks, including … Read more

SoftBank’s Arm set for Nasdaq debut after biggest US IPO since 2021

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SoftBank’s Arm set for Nasdaq debut after biggest US IPO since 2021

Sept 14 (Reuters) – SoftBank’s chip designer Arm Holdings (ARM.O) is set to debut on the Nasdaq on Thursday, in what could be the biggest test for initial public offerings (IPOs) in the United States after a listing drought that lasted for nearly 16 months. The company has secured a valuation of $54.5 billion after … Read more