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Reuters

Oct 29, 2022, 3:14 PM

Banks Forced To Hold On To Twitter Deal Debt

The banks are not planning to syndicate the debt as is typical with such acquisitions, and are instead planning to keep it on their balance sheets until there is more investor appetite.

2 Min

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  Reuters | Oct 29, 2022

  Twitter Is Losing Its Most Active Users, Internal Documents Show

  The reality, according to internal Twitter research seen by Reuters, goes far beyond the handful of examples of celebrities ghosting their own accounts. Twitter is struggling to keep its most active users - who are vital to the business - engaged, underscoring a challenge faced by the Tesla Inc chief executive as he approaches a deadline to close his $44 billion deal to buy the company.

  4 mins read
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  car&bike Team | Oct 29, 2022

  Twitter Plans To Close Musk Deal On Previously Agreed Terms-JP Morgan Exec

  Earlier this month, Musk proposed to proceed with his original $44 billion bid, calling for an end to a lawsuit by the social media company that could have forced him to pay up.

  0 mins read
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  Reuters | Oct 29, 2022

  Twitter Shares Cruise Towards Musk's Offer Price As Deal Deadline Looms

  Shares of the social media company were last up 0.3% at a near seven-month high of $52.94, the closest they have come to Musk's offer since it was announced in mid-April.

  2 mins read
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  Reuters | Oct 29, 2022

  Elon Musk Visits Twitter Headquarters Ahead Of Takeover Deadline

  Hours earlier, he hinted at being the company's top boss after updating his profile's bio to "Chief Twit".

  2 mins read
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  Reuters | Oct 29, 2022

  France's Edenred Bets On Meal, Fuel Vouchers To Fight Inflation

  Digitalisation, changed work practices and the energy transition, combined with declining purchasing power, staff shortages and the need to control expenditure, should help Edenred to grow despite warnings of recession.

  2 mins read
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  Reuters | Oct 29, 2022

  Dominican Republic To Send Diesel To Haiti's Fuel-Starved Hospitals

  Fuel shortages created by the gang blockade have left Haitian hospitals without diesel to power their generators, which are the only way they can ensure consistent electricity due to chronic outages in Haiti's power grid.

  1 min read
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  Reuters | Oct 29, 2022

  Mirae Asset In Talks To Help Fund Elon Musk's Twitter Deal

  The deal with Mirae is expected to be finalized in the coming days before the deadline for the closing of the Twitter deal on Oct. 28.

  1 min read
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  Reuters | Oct 29, 2022

  Kosovo Will Not Delay Serb Car Plate Rule Despite Calls By West

  The attempt by Kosovo's government to oblige its Serb minority to change their old car plates has been met with strong and sometimes violent resistance this year by local Serbs who live in the northern part of the country.

  2 mins read