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Finance & Markets

Snowflake Prices Upsized Private Placement of $3.75 Billion of 0.00% Convertible Senior Notes

MENLO PARK, Calif. — Snowflake Inc. (NYSE: SNOW) (“Snowflake”), the AI Data Cloud Company, today announced the pricing of $2.0 billion aggregate principal amount of its 0.00% Convertible Senior Notes due 2029 (the “2029 notes”) and $1.75 billion aggregate principal amount of its 0.00% Convertible Senior Notes due 2031 (the “2031 notes,” and together with […]

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Asset Managers Warn Tender Offer Bill Could Deepen Shareholder Gap

Eighteen domestic and foreign asset management firms have joined forces to call for a re-examination of a proposed mandatory tender offer system set to be put to a plenary session vote in the National…

  • Eighteen asset managers warn against mandatory tender offer bill.
  • Bill could widen gap between controlling and ordinary shareholders.
  • Propose proportional tender offers for fairness.

KB Kookmin, BNY Back Cross-Border Digital Payments

At the site of a global financial event held at the Miami Beach Convention Center in Florida, the United States, a domestic financial company and a major US bank joined hands to expand their digital…

  • KB Kookmin Bank and BNY Mellon sign MOU in Miami Beach
  • Partnership aims to enhance cross-border payment services
  • Focus on remittance for Korean residents and international students

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