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Justin Sun's Tron to go public through reverse merger in deal led by Trump-linked bank
Justin Sun is taking his crypto business Tron public through a reverse merger with a toy manufacturer called SRM. The deal was brokered by Dominari Securities, a firm linked to the Trump family. Sun, who was born in China, has poured nearly $100 million into Trump-tied crypto ventures this year.
Interestingly, creation of HDFC Ltd was financially supported by erstwhile ICICI Ltd, the parent entity of ICICI Bank.
Martin Barraud / Getty Images A reverse merger is when a private company becomes a public company by purchasing control of the public company. Reverse mergers allow a private company to become ...
Veteran banker and former chairman of HDFC Ltd Deepak Parekh has said that ICICI Bank had made an offer to take over mortgage lender HDFC Ltd but it was declined. HDFC Ltd, the parent entity of HDFC ...
UPSA has the commercialisation rights to a "substantial" pozzolanic silica alumina reserve in Australia, with 99 years of extraction rights for 250 million tonnes. This is held by UPSA'a extraction ...
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