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Global Market: SB Energy to sell up to $500 million worth of shares to Japanese investors ahead of US IPO

Reported by Ananya Das (Senior Writer) · Economic Times - Markets ·

Global Market: SB Energy to sell up to $500 million worth of shares to Japanese investors ahead of US IPORepresentative image · Wikimedia Commons

Global Market: SB Energy to sell up to $500 million worth of shares to Japanese investors ahead of US IPO. SB Energy, backed by SoftBank, plans to raise up to $500 million from Japanese investors through a share sale as it prepares for a US listing. The data centre developer is also attracting major AI players, including Nvidia and OpenAI, amid surging infrastructure demand.

Read more at Economic Times - Markets