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Europe set for biggest shift yet in financing cleaner growth

Bloomberg The European Union (EU) will unleash as many green bonds as the world issued last year, testing the level of investor interest in financing a shift towards cleaner economies. The bloc plans to create up to 225 billion euros ($266 billion) of green debt, which will propel it from a debut issuer to the largest player in the nascent ...

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ByteDance asserts control of TikTok and contests $5 billion fee

Bloomberg ByteDance Ltd. emphasised it will remain in control of a hived-off TikTok Global business, appearing to contradict President Donald Trump’s statements about how the new entity will be directed by Americans and pay an unusual $5 billion fee to the US government. The world’s most valuable startup sought to play down speculation it’s giving up control of valuable Chinese ...

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Iliad to buy Poland’s Play in $2.6bn deal

Bloomberg Iliad SA has agreed to buy Polish telecommunications company Play Communications SA for $2.6 billion as it expands across Europe. French billionaire Xavier Niel’s Iliad has offered 39 zloty per share for Play, and has received binding commitments from two controlling shareholders for their 40% stake, the companies said in a statement on Monday. The cash-and-debt deal shows Niel’s ...

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