Shell said its wholly owned unit agreed to sell Solenergi Power, which includes Sprng Energy, to Aditya Birla Renewables for $1.8 billion. The business has about 5 GWp of contracted capacity, with roughly 3.3 GWp operating and 1.7 GWp under construction. Closing is targeted by end-2026, subject to approvals.
ICICI Bank's last benchmark US dollar senior bond was a $500 million 3.8% note due 2027 issued in December 2017 through its Dubai branch. The bank's disclosures show foreign-currency senior unsecured ratings of Baa3 from Moody's and BBB from S&P, while April 2026 investor materials detailed capital, deposits and asset-quality metrics.
Lime, the scooter and e-bike operator backed by Uber, traded as high as $27 and closed around $26 in its July 1 Nasdaq debut after pricing its IPO at $25 a share. The offering valued the company at about $1.7 billion, and Lime said proceeds would help repay its $115 million term loan.
China Resources New Energy, a China Resources Power unit that develops and operates wind and solar projects, started trading in Shenzhen on July 2 after selling 2.11 billion shares at RMB10.11. The IPO could raise RMB24.5 billion with the greenshoe, and the stock reached RMB30.16 intraday after retail demand remained 683.4 times subscribed following a clawback.
KNDS said on July 1 it is suspending its planned IPO, citing volatility in European defense stocks and saying preparations were substantially complete. Reuters-based reporting said some investors valued the company below €12 billion, while a key shareholder was unwilling to proceed at less than about €12.5 billion.
Getty said its board unanimously decided not to pursue a CMA-supervised divestment of Shutterstock’s editorial business and plans to terminate the merger agreement after the extended July 6, 2026 deadline. The termination would trigger redemption of Getty Images, Inc.’s 10.500% senior secured notes due 2030, and Getty plans to seek advice on financing alternatives.
Windrose Electric said it aims to list in the United States this year through a SPAC transaction that would value the company at at least $2 billion and is intended to raise more than $200 million by year-end. The company said it made its first U.S. delivery in April.
Sky News, cited by Alliance News and AJ Bell on June 5, reported that Openwork Partnership, Söderberg and Advent International were shortlisted for Schroders' Benchmark unit. Perella Weinberg Partners is running the process, and the business was expected to be valued at up to £250 million during Schroders' agreed takeover by Nuveen.
The UK Competition and Markets Authority said on July 1 it referred nexfibre’s planned acquisition of Substantial Topco and units including Netomnia, Brsk, Brsk ISP and YouFibre for an in-depth inquiry. The referral followed a fast-track request from the parties, and the Phase 2 group must report by Dec. 15, 2026.
Comcast said it intends to separate its media operations, including NBCUniversal and Sky, from its connectivity and technology business through a tax-free distribution to shareholders. The company expects the transaction to close in about a year, subject to board, regulatory, tax and financing conditions, and plans investment-grade balance sheets for both companies.
Bridgepoint said it will pay $759 million in cash and about 189 million new shares for the Florida-based business, with further payments tied to performance. The deal adds a real estate arm to Bridgepoint’s platform and would lift assets under management to about $117 billion, subject to approvals and fund consents.
The companies said their international enterprise operations will be combined in a 50:50 venture expected to generate about $4 billion in annual revenue and serve more than 3,000 customers in over 180 countries. Closing is targeted for 2027 pending approvals, and BT will report its International division as a discontinued operation until completion.
Bloomberg reported QuidelOrtho was considering a sale of the business, with people familiar citing a valuation of about $1.5 billion to $2.0 billion. The process was described as preliminary, with no certainty of a transaction, and the asset could draw interest from both strategic acquirers and private equity buyers.
easyJet said its board unanimously rejected Castlelake's fourth proposal, a 650 pence-a-share cash offer received on June 23, citing valuation and execution concerns. The airline will provide limited commercial information that could support a revised bid, while the Takeover Panel extended Castlelake's deadline to announce a firm offer or withdraw to 5 p.m. on July 5.
At Paris Club discussions, China said coordinated legal and technical measures are needed to limit bondholder lawsuits and uphold strict comparability of treatment under the G20 Common Framework. The comments come after official creditors, including China and France, rejected an Ethiopia bond proposal and investors threatened legal action.
Reuters reported Venezuela is preparing a creditor update in the coming weeks that will put total obligations at about $240 billion, above prior market estimates. The figure reflects a broader set of claims than defaulted bonds. A macro framework due with an early July sustainability plan would estimate GDP near $100 billion and debt above 200% of output.
SpaceX disclosed terms for a five-part senior unsecured notes sale totaling $25 billion, with coupons ranging from 5.35% to 6.65% and maturities from 2031 to 2056. The company said proceeds will repay its bridge loan, cover related fees and expenses, and support general corporate purposes, with closing expected June 26, 2026.
Bloomberg reported on June 23 that TDR Capital-backed EG Group has made a confidential submission for a U.S. initial public offering. The company is considering a deal of about $1 billion at a valuation near $9 billion, with timing discussed as soon as July, though terms remain unsettled.
SEGRO said it received an unsolicited proposal from Prologis on June 16 offering 0.084 new Prologis shares for each SEGRO share, implying 925 pence a share and about £12.6 billion based on June 23 market inputs. The board rejected the approach, and Prologis must clarify its intentions by July 22.
KNDS said it is seeking admission for its ordinary shares on Euronext Paris and the Frankfurt Stock Exchange. Reports said about 20% of the company is planned to be sold to the market, with France and Germany each holding 40% after Germany acquires a stake from Wegmann, implying a valuation of about €15 billion to €18 billion.
The stock reversed part of its early Nasdaq rally after opening at $150 following a $135 IPO that raised about $75 billion and implied a $1.77 trillion valuation. Reports said the drop exceeded 16%, while weakness also spread to listed space companies and related ETFs during the pullback.
The China Resources Power unit set its Shenzhen main-board offer at RMB10.11 a share, implying base proceeds of RMB21.3 billion and as much as RMB24.5 billion if the overallotment is exercised. Filings showed retail bids of about RMB6.4 trillion and a final public tranche of 930.7 million shares.
Energy Fuels said it agreed to buy Vacuumschmelze from Ara Partners for about $1.9 billion in equity value, paying $718 million in cash and issuing 65.853 million shares, with additional preferred-share protection tied to closing price. The deal includes assumed net debt of about $140 million and is targeted to close in early 2027, subject to approvals.
Medallia said it reached a recapitalization agreement with lenders that will reduce outstanding debt and provide $150 million in new capital. Reports said a creditor group led by Blackstone, with Apollo and FS KKR, is assuming ownership, replacing Thoma Bravo following its 2021 buyout of the software company.
