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Monday 13 August 2018 11:59 pm|Updated:Friday 24 May 2019 7:48 pmTesla boss says Saudis want to support buybackElon Musk said today that he is in talks with Saudi Arabiarsquo
stanley mug Public Investment Fund PIF about taking Tesla private, but admitted that the exact sources of funding have not been confirmed.Musk said in a blog post that the PIFrsquo managing director had expressed ldquo trong support for funding a going private transaction for Tesla at a meeting on 31 July.He said talks had been ongoing for almost two years.Musk tweeted l
brumate canada ast Tuesday that he had secured the funding necessary to take Tesla private at a share price of $420. The PIF has been touted as a possible backer of the plan after it upped its stake in Tesla to five per cent the day before Muskrsquo tweet.Musk did not comment on the lawsuits he and Tesla are currently facing over shareholder concerns that his tweet was designed to hurt short-sellers of Tesla stock.Reports in the US say Muskrsquo tweet is also being probed by the Securities and Exchange Commission.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesTechTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK at lsquo;greatest riskrsquo; of jet fuel shortage as flights to be cancelledJet fuel shortage looms as government sc
stanley becher rambles to secure suppliesAfter Santanderrsquo TSB takeover ndash; who are the top players in UK banking Clairersquo Accessories t Zoya Bottom Line: Bolland has got six months to ensure clothing measures up
Monday 22 August 2011 5:17 am|Updated:Friday 31 May 2019 1:56 amIG boosted by market volatilityBy: John DunneShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on
stanley becher GoogleThe recent market volatility and heavy trading volumes have boosted sales at British spread-betting company IG Group, the company said.IG said it now expected revenues of more than pound;94m for the quarter ending 31 August, up from pound;79m in the corresponding period a year earlier.IG Group Holdings has benefited from record levels of client activity in the recent market volatility, despite it being holiday season in the majority of the countries in which the group operates, the company said in a statement.IG, which says it is the worldrsquo biggest spread-betting company by revenue, competes with unlisted rivals such as CMC Markets and Ci
owala ca ty Index.The company had issued a profit warning in January after weak trading volumes at the end of last year affected its business performance. Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: Sections
stanley de NewsCategoriesBusinessRelated TopicsNULLTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK at lsquo;greatest riskrsquo; of jet fuel shortage as flights to be cancelledClairersquo Accessories to launch UK high street comebackAfter Santanderrsquo TSB takeover ndash; who are the top players in UK banking Bank of England