Merk: takeover
Twitter takeover temporarily on hold, says Elon Musk
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Elon Musk has said his $44bn (£36bn) takeover of Twitter is “temporarily on hold” after the social media platform claimed that fewer than 5% of its users were spam or fake accounts. The Tesla chief tweeted on Friday m...
Elon Musk’s takeover financing deal could clip Twitter’s wings
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If you want to know who the world’s richest man has on speed dial, then a regulatory filing on Thursday provided an insight. Elon Musk announced a score of new backers for his $44bn (£35.6bn) Twitter takeover, insluit ...
Chelsea takeover: contract signed for Boehly group to end Abramovich era
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A consortium led by Todd Boehly has signed a contract to buy Chelsea and the deal to end Roman Abramovich’s ownership will go through subject to Premier League and UK government approval. Boehly, a part-owner of baseb...
Elon Musk secures $7bn in outside funding for Twitter takeover
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Elon Musk has secured $7.14bn (£5.7bn) in funding for his $44bn takeover of Twitter from a group of investors that includes the Oracle co-founder Larry Ellison, the crypto exchange Binance, and the asset management fi...
‘Pupils are distressed’: community fights top London school’s takeover
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Parents and students at one of England’s top academy schools, where the children of Michael Gove and former Commons Speaker John Bercow are pupils, are locked in a bitter dispute with ministers about plans for the sch...
Elon Musk’s takeover marks a good time to turn off Twitter
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John Wesley, the founder of Methodism, described his preaching for the first time outside the confines of the pulpit as “submitting to be more vile”. Hitherto he had seen this as something alien to his understanding o...
The Twitter shareholders set to make millions from Elon Musk’s takeover
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Elon Musk’s $44bn (£35bn) takeover of Twitter could lead to multimillion-dollar payouts for its co-founder Jack Dorsey, along with key executives and board members, while staff could also share a $1bn windfall if stoc...
Elon Musk’s Twitter takeover: what will change, is free speech at risk and should you delete the app?
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Elon Musk’s $44bn takeover of Twitter and his promises to revamp the social media platform have reignited debate about whether it’s time to leave the website permanently. But is that too hasty? How do you leave? And w...
Jokes, cheers and dire warnings: Twitter reacts to Musk’s takeover
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Elon Musk’s $44bn deal to buy Twitter has elicited cheers, concern, and lots of questions for the future, most of them issued on, wel, Twitter. Muskus, who has described himself as a “free speech absolutist”, reached ...
Investors should take a cautious approach to THG takeover talk
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News of numerous takeover approaches sounds thrilling but outside investors in THG, formerly The Hut Group, would be wise to contain their excitement. The online retailer’s share price had sunk so low that the company...
THG rejects ‘unacceptable’ takeover approaches as revenues jump by 35%
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Online shopping group THG has dismissed “numerous” takeover approaches as “unacceptable”, saying they undervalued the company. Manchester-based THG (formerly known as The Hut Group), which runs beauty and nutrition we...
Chelsea takeover: Ricketts family’s consortium withdraws from race
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The race to buy Chelsea is down to three candidates after the consortium led by the Ricketts family withdrew on Friday. In a statement the group said: “The Ricketts-Griffin-Gilbert Group has decided, after careful con...
Cambo oilfield development could be back on after takeover
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The Cambo oilfield off the Shetland Islands could now be developed after a $1.5bn (£1.1bn) takeover of the owner of the controversial site. Siccar Point Energy, which put the project on “pause” when its partner Shell ...
John Menzies accepts takeover bid from Kuwaiti aviation services rival Agility
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Executives at the British aviation services company John Menzies have accepted a £571m takeover deal from a Kuwaiti rival, after rebuffing three previous offers. A subsidiary of Agility Public Warehousing had made the...