Money Talks

Twitter board agrees to $44B buyout offer from Elon Musk

The Twitter board has agreed to a $44 billion buyout offer from billionaire Tesla CEO Elon Musk. Under the terms of the deal, Musk is paying $54.20 per share in cash for Twitter. The purchase price represents a 38 per cent premium to the company's closing price on April 1, the day before Musk revealed he had built a 9 per cent stake in the company. Elon Musk is providing about $21 billion and has secured $25.5 billion of debt and "margin loan financing". In order to discuss details of the deal, we were joined by Naeem Aslam, who is chief market analyst at AvaTrade in London. #Twitter #TwitterBuyout #ElonMusk

Elon Musk resigns as Tesla chairman

Elon Musk resigns as Tesla chairman

Twitter accounts of high-profile users compromised | Money Talks

Twitter accounts of high-profile users compromised | Money Talks

Should we be “colonizing” Mars?

Should we be “colonizing” Mars?

Saudi Arabia investing big in tech

Saudi Arabia investing big in tech

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Eco-conscious tourists drawn to glamorous camping

Türkiye and Saudi Arabia look to boost bilateral trade, investment

Türkiye and Saudi Arabia look to boost bilateral trade, investment

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Sri Lanka struggling with shortages of food, fuel and medicine

EU steps up efforts to cut dependence on Russian energy

EU steps up efforts to cut dependence on Russian energy

Layoffs and hiring freezes prevail among big tech giants

Layoffs and hiring freezes prevail among big tech giants

Worst drought in 70 years threatens Northern Italy's food, power

Worst drought in 70 years threatens Northern Italy's food, power

Chinese president promises more stimulus as GDP growth slows

Chinese president promises more stimulus as GDP growth slows

Sri Lanka introduces lockdown to save fuels

Sri Lanka introduces lockdown to save fuels

White House calling on oil firms to raise output to boost supply

White House calling on oil firms to raise output to boost supply

Saudi Arabia, Egypt sign 14 economic deals worth $7.7B

Saudi Arabia, Egypt sign 14 economic deals worth $7.7B

Goldman Sachs warns US economic recession now more likely

Goldman Sachs warns US economic recession now more likely

Oil prices stabilise over global recession fears

Oil prices stabilise over global recession fears

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