Qatar Holding, Dubai’s VyCapital & Binance support Elon Musk in buying Twitter

Qatar Holding, Dubai’s VyCapital & Binance support Elon Musk in buying Twitter

Earlier last month, Twitter announced that it is in talks into an agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion.

A US Securities and Exchange Commission filing showed a list of equity investors listed by Elon Musk to contribute in the Twitter $44 billion deal. The investors include VyCapital, Qatar Holding, Binance, Sequoia and Oracle CEO Larry Ellison.

According to the US Securities and Exchange Commission filing, Qatar Holding is contributing $375 million and VyCapital, Dubai-based internet related investments firm, is contributing pledged $700 million in addition to Binance’s $500 million contribution to Musk’s $44 billion deal.

Read more: Elon moves to acquire Twitter for $44 billion, but what’s next?

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