Twitter shares soar as Elon Musk takes $2.9bn stake

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With a 9.2% stake, ElonMusk is now the top shareholder in Twitter.

Burberry has strengthened its resolve to be climate positive by 2040 by refinancing a credit facility to a £300m Sustainability Linked Loan.The Maritime and Port Authority of Singapore , home to the world's top marine refuelling hub, said it is investigating a number of incidents of ships being affected by bunker fuel contamination in the port.

-When buyout firm Thoma Bravo LLC was seeking lenders to finance its acquisition of business software company Anaplan Inc last month, it skipped banks and went directly to private equity lenders including Blackstone Inc and Apollo Global Management Inc. Within eight days, Thoma Bravo secured a $2.6 billion loan based partly on annual recurring revenue, one of the largest of its kind, and announced the $10.7 billion buyout.

 

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