You Searched For "PIF deal" and got 20 results
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1 min read
Tesla's stock is getting trounced by EV challenger Lucid, which is leading techs' 2023 rally thanks to Saudi takeover rumors
Speculation of a takeover by Saudi Arabia's Public Investment Fund has fueled Lucid's rally in the …
George Glover
4 mins read
Why the PGA-LIV tour golf merger is a big win for both sides
Professional golf's running rivalry is being put to rest with a deal that helps all parties.
Joe Ciolli
2 mins read
Elon Musk tells court Google had 'standing interest' in buying Tesla, encouraging him to take it private with Saudis
Tesla CEO Elon Musk testified that Google's interest in buying the carmaker encouraged him to try t…
Ryan Hogg
3 mins read
Elon Musk on Saudi 'ass-covering' and 10 other things the Tesla boss said to defend himself in the 'funding secured' trial
Elon Musk has given testimony in a trial over allegations of securities fraud. Here are 11 things w…
George Glover
3 mins read
Even Saudi Aramco has a lot to gain from an investment from Gautam Adani
Now, the word has it that the Adani Group has jumped into the bandwagon and is now looking to buy a…
5 mins read
Court docs reveal Saudi wealth fund courted by Hollywood and Wall Street owned planes used in Jamal Khashoggi's killing
A Saudi investment fund courted by Hollywood and Silicon Valley owns two planes used to fly Jamal K…
Eli Clifton, Responsible Stat…
3 mins read
A Saudi Arabian investment fund bought a struggling English soccer team, and human-rights activists are crying foul
After a deal to purchase Newcastle United stalled, a consortium led by Saudi Arabia's Public Invest…
Jake Epstein
2 mins read
Reuben brothers from Mumbai are now the 2nd richest billionaires in UK
More people have become billionaires than at any point in British history.
1 min read
Mukesh Ambani says Reliance is net debt-free 9 months before the deadline – share price jumps almost 7%
Reliance’s share price jumped by 6.5% on Friday to ₹1,763. Reliance has raised a total of ₹1…
3 mins read
Coronavirus crisis presents opportunity for Saudi's Newcastle project
"If the crown prince, by virtue of his authority over the Public Investment Fund, takes control of…
PTI
3 mins read
Mukesh Ambani may not be done selling stake in Jio even after one-sixth of the telco is already out of his hands
More than one-sixth of Reliance Jio is now with stakeholders — other than these parent Reliance Ind…
4 mins read
People close to Saudi investment fund reportedly cast doubt on Elon Musk's claims about negotiations to take Tesla private
The fund has sought to establish its value through a series of high-profile purchases over the past…
Rosie Perper,Rosie Perper
4 mins read
Saudi Arabia just made its first direct investment in a European startup, and it supports a VC theory about the kingdom's power in tech
Uber CEO Dara Khosrowshahi said in November 2018 that he was "anxious" about Khashoggi's killing. A…
Shona Ghosh
2 mins read
Mukesh Ambani recovers all the wealth lost early in the lockdown phase— and some more, becoming the world’s ninth richest
Mukesh Ambani made more than what he lost during the lockdown. Just today, the rally in the shares …
4 mins read
Elon Musk could take Tesla private with the Saudis - here's what their sovereign wealth fund is all about
I'm far from a CFIUS expert, but even though a Tesla go-private funding from the PIF would represen…
Matthew DeBord
2 mins read
India's largest company, Reliance Industries, has reportedly offered Amazon a 40% stake in its retail arm for $20 billion
Reliance Industries has offered to sell Amazon up to 40% of its subsidiary Reliance Retail, which h…
Grace Dean
2 mins read
Mukesh Ambani is now the world’s fourth-richest person after he beat Louis Vuitton owner Bernard Arnault
Reliance Industries’ Chairman Mukesh Ambani has risen the ranks to become the fourth richest person…
2 mins read
Google picks up a 7.7% stake for ₹33,737 crore in Reliance Jio – the two will now build affordable smartphones for India
Google becomes the second largest investor in Jio after Facebook.
4 mins read
Microsoft and Mukesh Ambani's Reliance Jio are already partners in India— but Satya Nadella reportedly wants more
Mukesh Ambani has been picking up investments left-and-right during as the coronavirus pandemic tak…
2 mins read
'The shopping list is being readied': Saudi Arabia and Abu Dhabi are scouting for cheap investments after the coronavirus sell-off
Saudi's Public Investment Fund, Abu Dhabi's Mubadala, and other sovereign wealth funds in the regio…