Funding & Business
Evergrande Liquidators Get Bids for Unit From State-Owned Firms
China Evergrande Group’s liquidators have received non-binding offers for a property management unit they have been seeking to offload, according to people familiar with the matter.
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Zijin Gold International Co. is planning to begin gauging investor interest as soon as next week for a Hong Kong initial public offering that may fetch more than $3 billion, according to people familiar with the matter.
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Black Rock Coffee Bar Inc., an operator of a drive-through-focused coffee chain, raised $294.1 million in a US initial public offering that priced above its marketed range.
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Gold headed for a fourth weekly gain on expectations the Federal Reserve is poised to lower US interest rates, with prices aided by inflows into bullion-backed exchange traded funds and a weaker dollar.
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