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India offshore bond craze rolls on after record sales

Bloomberg Indian companies have started the year with more debt offerings overseas, after record issuance in 2019 driven by stronger borrowers turning abroad as local credit markets struggled. The firms sold a record $22 billion of notes overseas in 2019. Yield-hungry global investors have been betting that the kind of higher-rated Indian issuers that have been big sellers could continue ...

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Takeaway nears final victory in $8 billion Just Eat battle

Bloomberg Takeaway.com NV is set to declare final victory in the five-month takeover battle for UK food-delivery company Just Eat Plc, people with knowledge of the matter said. Investors holding more than half of Just Eat stock have indicated they’ll agree to Takeaway’s all-stock bid, which values the company at about 6 billion pounds ($7.8 billion), according to the people. ...

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Amazon, Future Group boost ties to fend off Ambani

Bloomberg Amazon.com Inc signed pacts with the Future Group to sell products from India’s second largest brick-and-mortar retailer on its online marketplace, as they fend off rivals in the world’s last big untapped retail market. Amazon will become the authorised online sales channel for Future Retail Ltd’s stores, which sell everything from groceries to cosmetics and apparel, according to an ...

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