The initial public offering of SoftBank’s PayPay is likely to price around the low end of its marketing range as war in the Middle East roil markets, said two people familiar with the matter.
Wendy’s draws buyout bid as beef costs and burger rivalry weigh on business
Wendy’s shares jump after Nelson Peltz’s Trian Fund Management offers $7.35 per share to take the burger chain private, as the company faces high beef