Amal S

Stories by Amal S

IPOs & Markets

SoftBank-backed OneConnect downsizes IPO by 28%, lowers target valuation

The company also downsized the offering from 36 million American depositary shares (ADSs) to 26 million ADSs.

Deals

SoftBank said to seek tougher governance norms at startups after WeWork debacle

SoftBank is reportedly set to write down at least $5 billion due to a slump in the value of WeWork and some other top holdings.