billion – Page 29 – Freedom 96.9

TXNM Energy gets FERC approval for $11.5 billion Blackstone deal

Saturday, February 21 by SRN News

Feb 20 (Reuters) - TXNM Energy on Friday said the U.S. Federal Energy Regulatory Commission (FERC) had authorized the company's acquisition by Blackstone Infrastructure. Last year, Blackstone agreed to acquire the utility company in an $11.5 billion deal, including debt. FERC concluded that there is "no... Read More.

USDA defends $12 billion subsidy amid farm economy challenges

Friday, February 20 by SRN News

By Karl Plume and P.J. Huffstutter ARLINGTON, Virginia/CHICAGO, Feb 20 (Reuters) - As the U.S. Department of Agriculture prepares to dole out $12 billion in government subsidies next week, officials and economists at the agency's annual forum near Washington defended the assistance as a necessary... Read More.

ConocoPhillips considers selling Permian assets worth $2 billion, Bloomberg News reports

Friday, February 20 by SRN News

Feb 20 (Reuters) - ConocoPhillips is exploring a sale of some of its Permian Basin assets as part of a broader streamlining of its portfolio, Bloomberg News reported on Friday, citing people familiar with the matter. The assets, picked up over the years through deals... Read More.

KKR explores $1.5 billion sale of BMC Helix, sources say

Friday, February 20 by SRN News

By Milana Vinn NEW YORK, Feb 20 (Reuters) - Private equity firm KKR is exploring a sale of its information services provider BMC Helix, which could fetch as much as $1.5 billion, according to people familiar with the matter. Helix, which is being advised by... Read More.

Saks Global gets final court approval for $1 billion bankruptcy loan after addressing vendor complaints

Friday, February 20 by SRN News

By Dietrich Knauth Feb 20 (Reuters) - A U.S. bankruptcy judge on Friday gave final approval to Saks Global's bankruptcy financing, which provides $1 billion in new funding to the company, after Saks reached deals with luxury brand vendors that had raised concerns about goods... Read More.

Exclusive-US tariff revenue at risk in Supreme Court ruling tops $175 billion, Penn-Wharton estimates

Friday, February 20 by SRN News

By David Lawder WASHINGTON, Feb 20 (Reuters) - More than $175 billion in U.S. tariff collections are at risk of having to be refunded if the U.S. Supreme Court rules against President Donald Trump's broad emergency tariffs, Penn-Wharton Budget Model economists said on Friday. Their estimate,... Read More.

Exclusive-Ukraine’s 2026 defence exports could hit ‘several billion dollars’, official says

Friday, February 20 by SRN News

KYIV, Feb 20 (Reuters) - Ukraine could export several billion dollars of military goods and services this year after authorising its first wartime foreign sales and is considering introducing a tax on those exports, a senior Ukrainian defence official said. Earlier this month, the... Read More.

Newmont tops profit estimates, sets $1.4 billion outlay for former Newcrest assets

Friday, February 20 by SRN News

By Tanay Dhumal and Divya Rajagopal Feb 19 (Reuters) - Newmont on Thursday beat Wall Street estimates for fourth-quarter profit as a record rally lifted gold prices and offset lower production and said it would invest $1.4 billion to develop assets acquired through its takeover... Read More.

BofA commits $25 billion to private credit deals, memo shows

Thursday, February 19 by SRN News

Feb 19 (Reuters) - Bank of America is committing $25 billion to private credit deals, according to an internal memo seen by Reuters. Traditional banks such as BofA have been competing with private credit supplied by alternative asset managers. Private credit has become a key... Read More.

US pays about $160 million of the nearly $4 billion it owes the United Nations

Thursday, February 19 by SRN News

UNITED NATIONS (AP) - The United States has paid about $160 million of the nearly $4 billion it owes the United Nations, the U.N. said Thursday. The Trump administration's payment is earmarked for the U.N.'s regular operating budget, U.N. spokesman Stéphane Dujarric told The Associated... Read More.

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