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Berkshire Buys More Occidental Stock, Boosting Bet on Oil Giant

(Bloomberg) -- Berkshire Hathaway Inc. snapped up about 5.9 million more shares of Occidental Petroleum Corp., as the conglomerate run by billionaire Warren Buffett piles deeper into its bet on the oil giant. The shares were bought May 2 and May 3 at prices ranging from about $56 to $58.
New York United States Warren Buffett Bloomberg Berkshire Hathaway Inc Anadarko Petroleum Corp Occidental Petroleum Corp

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India's Biggest IPO Starts Retail Orders as Markets Stay Volatile

(Bloomberg) -- India’s largest initial public offering, expected to fetch 210 billion rupees ($2.7 billion), started taking orders from individuals after attracting anchor investors including sovereign funds from Norway and Singapore.
Andhra Pradesh Raghav Garg Narendra Modi Life Insurance Corporation Of India Nirmal Bang International Equities Life Insurance Corporation

Didi Global Says It Faces SEC Probe Related to U.S. IPO

(Bloomberg) -- The U.S. Securities and Exchange Commission is looking into Didi Global Inc.’s initial public offering in the U.S., according to the company.  The Chinese ride-hailing giant said in a filing posted May 2 that it’s cooperating with the probe.
New York United States Hong Kong Alibaba Group Holding Ltd Exchange Commission Cyberspace Administration Of China

Norway, Singapore Wealth Funds Invest in India's Largest IPO

(Bloomberg) -- India’s largest ever public offering drew anchor investors including Norway’s sovereign wealth fund and the Singaporean government, raising 56.3 billion rupees ($736 million) ahead of its full initial public offering. The 123 anchor investors joining Life Insurance Corp.
Saudi Arabia Saudi Arabian Life Insurance Corp Life Insurance Co Saudi Arabian Oil Co Life Insurance

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