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Tesla chief says he will need to secure $33.5bn of equity after allowing $6.25bn commitment from banks to lapse
Healthcare litigation group MSP Recovery had claimed a $33bn valuation despite losses
Hedge fund founder acknowledges need to ‘step away from managing external capital’ after rocky stretch
Berkshire Hathaway exits Wells Fargo and buys up oil companies, quarterly disclosure shows
Value of hedge fund’s public shareholdings fell by almost $20bn during first quarter
Vehicle behind Truth Social platform says there are ‘no assurances’ company will stay solvent
Managers step away from risk-taking as Wall Street equities endure longest selling streak since 2011
Tesla chief questions fake accounts on social media site, leading to share price drop and new doubts over takeover
Transaction with Tiga Acquisition Corp values company at $2.1bn
Wall Street bank last year ranked as second-biggest underwriter for blank-cheque companies
Family office, which has since collapsed, believed information was shared on behalf of German lender’s chair
Germany’s biggest bank was also among the lenders to the family office whose collapse left rivals with $10bn in losses
The market for blank-cheque companies is showing new signs of life but critics say insiders are still the big winners
Israeli spyware firm faces restrictions on its business after being placed on ‘entities list’
Move marks final step in unwinding of sprawling conglomerate created by Jack Welch
Sprawling conglomerate’s cash pile hits record $149bn even as Warren Buffett increases share buybacks
Electric truck start-up says it will seek repayment from its founder with who it is in dispute with over legal fees
SRS Investment Management holds 27.7 per cent stake in car rental company
Group led by Daniel Loeb accuses oil supermajor of ‘incoherent’ strategies
US betting group decides against formal offer a week after bid deadline was extended
Brasília parliamentarian and Florida Spac executive are behind deal with ex-president’s Truth start-up
Listing through Spac deal enriches office provider’s co-founder who quit after failed IPO
Former US president to go public with Truth Social via merger with blank-cheque company
Adam Neumann retains 11% stake in shared office space company two years after his resignation
Approach comes as online payments company uses strong stock price to pursue acquisitions
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