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[146] [147] Musk later stated that he believed Twitter's long-term value would exceed the price of $54.20 per share, which he considered an overpayment. [148] On October 20, The Washington Post reported that Musk intended to terminate 75 percent of Twitter's staff, and that Twitter executives were keen on selling the company to Musk so they ...
Royal Bank of Canada would acquire 100% of the common shares of HSBC Canada for an all-cash purchase price of $13.5 billion, 9.4 times HSBC Canada's estimated 2024 earnings. Completion of the transaction is expected by late 2023, subject to regulatory approvals. [111] HSBC has been under pressure to cut costs and divest non-Asian businesses. [112]
The U.S. Securities and Exchange Commission has given Elon Musk until Monday to respond to an offer to resolve a probe into the billionaire's $44-billion takeover of Twitter in 2022, a source ...
On September 13, 2022, Twitter shareholders voted to approve Elon Musk's takeover of the company. [69] On October 4, 2022, it was reported that Musk offered to proceed with the deal at the original offer price of $54.20 per share.
HSBC’s $3 trillion in total assets and $1.6 trillion in customer deposits makes it one of the world’s largest banks. Its business, therefore, spans markets across the globe.
HSBC will likely resume share buybacks in the second half of next year. UBS expects to exceed its 2022 share buyback target of $5 billion.
Hang Seng Bank Limited (Chinese: 恒生銀行有限公司) is a Hong Kong–based banking and financial services company with headquarters in Central, Hong Kong.It is one of Hong Kong's leading public companies in terms of market capitalisation and is part of the HSBC Group, which holds a majority equity interest in the bank.
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