In a pivotal move on Thursday, the U.S. Federal Energy Regulatory Commission (FERC) approved BlackRock’s $BLK acquisition of large stakes in utility companies. This decision marks an important milestone for the world’s largest asset manager, setting a precedent amid concerns over its potential market influence.
Recent reports indicate that Bausch Health Cost $BHC, a prominent pharmaceutical company, may soon begin issuing debt securities as part of its strategy to refinance short-term obligations. Sources familiar with the situation have suggested that Bausch Health is considering a deal valued at approximately $5 billion, although specific details and structure are still under discussion.
Ayala Land Inc. $AYAAY, the largest real estate developer in the Philippines by sales volume, has announced plans to raise up to 75 billion pesos (approximately 1.3 billion USD) in the capital markets in 2025. This initiative aims to expand the company's market reach and support its growth in response to rising demand for residential properties.
