Providence Equity
-
{
- All
- News
- Videos
-
Twitter Takeover Deal: How Elon Musk Plans to Pay $44 Billion to Acquire Twitter by October 28
Elon Musk must pay Twitter the agreed sum of $44 billion (roughly Rs. 3,62,500 crore) in order to close the Twitter buyout deal by October 28, failing which the judge will set a November date for the trial. Here's how the Tesla CEO and the world's richest man could secure financing for the deal, which is expected to be completed by the end of the m...
-
Twitter Takeover Deal: Apollo, Sixth Street Said to Back Out of Talks With Elon Musk to Finance Buyout
Apollo and Sixth Street are said to have backed out of talks to finance Tesla CEO Elon Musk's $44 billion (roughly Rs. 3,60,272 crore) buyout of Twitter. Musk and Twitter are currently attempting to reach an agreement after months of litigation that damaged Twitter's brand and fed Musk's reputation for erratic behaviour. Musk is expected to provide...
-
PayU India Receives CCI Approval for 100 Percent Acquisition of BillDesk
PayU India payments has received the Competition Commission of India (CCI) approval for the acquisition of 100 percent equity of indiaideas.com (BillDesk). The announcement for acquiring digital payments provider BillDesk at $4.7 billion (about Rs 34,400 crore) initially came from Prosus NV-backed PayU in August last year.
-
Elon Musk To Provide $6.25 Billion More In Equity To Fund Twitter Deal
Elon Musk has committed to provide an additional $6.25 billion in equity financing to fund a portion of the $44-billion deal to buy Twitter Inc, a regulatory filing showed on Wednesday.
-
Elon Musk to Pay $1 Billion Termination Fee if Twitter Deal Falls Through
Elon Musk will have to pay Twitter a fee of $1 billion if the Tesla owner terminates his $44 billion (roughly Rs. 3,37,278 crore) cash deal for the social media company, Twitter said in a filing. The deal could be terminated if not closed by October 24, but may be extended for another six months to meet certain closing conditions such as antitrust ...
-
Tesla Loses $126 Billion in Value Over Musk-Twitter Deal Funding Concern
Tesla lost $126 billion (roughly Rs. 9,66,390 crore) in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion (roughly Rs. 1,61,050 crore) equity contribution to his $44 billion (roughly Rs. 3,37,440 crore) buyout of Twitter.
-
Yatra Online Files for IPO to Raise Rs. 750 Crore
Online travel service provider Yatra on Monday said it has filed a draft prospectus with markets regulator Sebi for its initial public offering that includes a fresh issue of shares aggregating up to Rs. 750 crore.
-
Bharti Infratel, Indus Tower to Merge, Own 1.63 Lakh Towers
Before merger, Indus Towers was jointly owned by Bharti Infratel (42 percent), Vodafone (42 percent), Idea Group (11.15 percent) and Providence Equity Partners (4.85 percent).
-
Bandhan Bank IPO Subscribed Nearly 15 Times On Last Day Of Issue: Ten Things To Know
Bandhan Bank's Rs 4,500 crore initial public offering (IPO) opened on Thursday (March 15) and closed on March 19. The bank sold 119.28 million equity shares, comprising a fresh issue of up to 97.66 million equity shares, and an offer for sale (OFS) of up to 14.05 million equity shares by IFC, and up to 7.5 million equity shares by IFC FIG. Bandhan ...
-
5 Supreme Court Judges to Decide If Women Can Be Punished For Adultery
Whether women can be punished for adultery in India will be decided by a five-judge constitution bench of the Supreme Court. A 19th century criminal law provides for punishing only men, and not women, for adultery. Keeping in mind social progression, gender equity and sensitivity, earlier verdicts on this issue have to be revisited, the top court s...
-
Twitter Takeover Deal: How Elon Musk Plans to Pay $44 Billion to Acquire Twitter by October 28
Elon Musk must pay Twitter the agreed sum of $44 billion (roughly Rs. 3,62,500 crore) in order to close the Twitter buyout deal by October 28, failing which the judge will set a November date for the trial. Here's how the Tesla CEO and the world's richest man could secure financing for the deal, which is expected to be completed by the end of the m...
-
Twitter Takeover Deal: Apollo, Sixth Street Said to Back Out of Talks With Elon Musk to Finance Buyout
Apollo and Sixth Street are said to have backed out of talks to finance Tesla CEO Elon Musk's $44 billion (roughly Rs. 3,60,272 crore) buyout of Twitter. Musk and Twitter are currently attempting to reach an agreement after months of litigation that damaged Twitter's brand and fed Musk's reputation for erratic behaviour. Musk is expected to provide...
-
PayU India Receives CCI Approval for 100 Percent Acquisition of BillDesk
PayU India payments has received the Competition Commission of India (CCI) approval for the acquisition of 100 percent equity of indiaideas.com (BillDesk). The announcement for acquiring digital payments provider BillDesk at $4.7 billion (about Rs 34,400 crore) initially came from Prosus NV-backed PayU in August last year.
-
Elon Musk To Provide $6.25 Billion More In Equity To Fund Twitter Deal
Elon Musk has committed to provide an additional $6.25 billion in equity financing to fund a portion of the $44-billion deal to buy Twitter Inc, a regulatory filing showed on Wednesday.
-
Elon Musk to Pay $1 Billion Termination Fee if Twitter Deal Falls Through
Elon Musk will have to pay Twitter a fee of $1 billion if the Tesla owner terminates his $44 billion (roughly Rs. 3,37,278 crore) cash deal for the social media company, Twitter said in a filing. The deal could be terminated if not closed by October 24, but may be extended for another six months to meet certain closing conditions such as antitrust ...
-
Tesla Loses $126 Billion in Value Over Musk-Twitter Deal Funding Concern
Tesla lost $126 billion (roughly Rs. 9,66,390 crore) in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion (roughly Rs. 1,61,050 crore) equity contribution to his $44 billion (roughly Rs. 3,37,440 crore) buyout of Twitter.
-
Yatra Online Files for IPO to Raise Rs. 750 Crore
Online travel service provider Yatra on Monday said it has filed a draft prospectus with markets regulator Sebi for its initial public offering that includes a fresh issue of shares aggregating up to Rs. 750 crore.
-
Bharti Infratel, Indus Tower to Merge, Own 1.63 Lakh Towers
Before merger, Indus Towers was jointly owned by Bharti Infratel (42 percent), Vodafone (42 percent), Idea Group (11.15 percent) and Providence Equity Partners (4.85 percent).
-
Bandhan Bank IPO Subscribed Nearly 15 Times On Last Day Of Issue: Ten Things To Know
Bandhan Bank's Rs 4,500 crore initial public offering (IPO) opened on Thursday (March 15) and closed on March 19. The bank sold 119.28 million equity shares, comprising a fresh issue of up to 97.66 million equity shares, and an offer for sale (OFS) of up to 14.05 million equity shares by IFC, and up to 7.5 million equity shares by IFC FIG. Bandhan ...
-
5 Supreme Court Judges to Decide If Women Can Be Punished For Adultery
Whether women can be punished for adultery in India will be decided by a five-judge constitution bench of the Supreme Court. A 19th century criminal law provides for punishing only men, and not women, for adultery. Keeping in mind social progression, gender equity and sensitivity, earlier verdicts on this issue have to be revisited, the top court s...
