The Spanish government is considering imposing conditions on Saudi Telecom Co.’s acquisition of a 9.9% stake in Telefonica SA similar to those placed on previous deals, such as limits on asset sales and dividend payments, according to a person familiar with the matter.
Brazil’s central bank poured cold water on expectations of bigger interest rate cuts, emphasizing risks to the monetary easing cycle it kicked off last month, including above-target inflation expectations that policymakers vowed to bring down.
Markets are shrugging off declines in two of this month’s biggest listings — Arm Holdings Plc and Instacart — leaving the door open to a sustained rebound in IPOs.
PAI Partners is exploring a sale of Apleona Group GmbH that could value the German facilities manager at about €4 billion ($4.3 billion), people with knowledge of the matter said.
Americans with lower credit scores and those who have a harder time accessing loans are more likely to be pitched — and to use — “buy now, pay later” payment plans, according to research from the Federal Reserve Bank of New York.
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