Deal

Details of the investment fund’s purchase of a share of Alwaleed bin Talal’s shares in the Kingdom Company..disclosure of the number of shares and the value of the deal

Al-Marsad newspaper: Prince Alwaleed bin Talal, founder of Kingdom Holding Company, sold 625 million shares, or 16.87% of his shares, to the Public Investment Fund. This came in a statement published by the company on its official website, which said: “The CEO of Kingdom Holding Company, Eng. Talal Al-Maiman, commented on the deal that took … Read more

Despite the tweet, “The deal will not go through.” Twitter is “committed” to Elon Musk’s show

Twitter announced, on Tuesday, that it is committed to completing its sale to American businessman, Elon Musk, amounting to 44 billion dollars at the agreed price and terms, in light of a clash between the two parties due to fake accounts. The company said the deal is subject to approval by Twitter shareholders, and is … Read more

It’s official: Avianca and Viva Air seal business and unify | Companies | Business

The two most important airlines in the air market in Colombia, Avianca and Viva Air announced that they will be part of the same parent company. (Lea: Hamak Hotels expects to invest US$35 million in Colombia). In the early hours of Friday, April 29, the majority shareholders of both companies announced that Viva Air would … Read more

Business between two large airlines, with ‘runway to take off’ | Companies | Business

Shareholders of airline operators, Avianca and Viva Airreached an agreement according to which the partners of Viva Air will cede their economic rights, so that the two companies begin to operate under the same holding company or parent company. (Avianca reinvents itself and launches a strategy ‘for everyone’). For some days there had been talk … Read more

After Elon Musk’s presentation, Twitter resorts to the “poison pill” plan

Our readers are Facebook users You can now follow the latest news for free through our Facebook pageClick here to subscribe Twitter’s board of directors has taken defensive measures to counter billionaire Elon Musk’s desire to acquire the social networking site for $43 billion. The board of directors adopted what is known as a “limited-term … Read more