Bloomberg Business

Thailand’s Indorama Considers $1 Billion US IPO of Unit

Indorama Ventures Pcl, the acquisitive Thai chemicals company, is considering a US initial public offering of its integrated oxides and derivatives business that could raise about $1 billion, according to people familiar with the matter.

Schwab Clients Shift From Prime Funds to Government Portfolios

Charles Schwab Corp. saw $8.8 billion in net outflows from its prime money market funds this week as investors rattled by turmoil at US banks plowed even more money into the brokerage’s other portfolios that favor assets with government backing.

New Zealand All Blacks to Gauge Demand For NZ$100m Share Sale

New Zealand Rugby is seeking feedback on the proposed sale of up to NZ$100 million ($62 million) of shares in its commercial operations to local institutions, which would give them a stake in the business of the iconic All Black brand.

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