By Selina Wang
Son and Musk met in April 2017 to discuss an investment in Tesla. The talks touched on taking Tesla private, but failed to progress due to disagreements over ownership.
Toplivo v Bak, which translates as “Fuel to the Tank”, will help Yandex.Drive improve the fuelling of its growing car fleet
The PE player seeks to widen its investment focus to Asia.
Private equity firms are expected to drive a wave of merger activity in Australia’s oil and gas sector
Since the start of 2017, it’s completed 31 deals with more in the works. Saudi Arabia’s Public Investment Fund completed 16 deals and boycott-hit Qatar Investment Authority did 19.
Post the deal, Izumi will a consolidated subsidiary of Maxell Holdings.
Ron is returning to Uber following a months-long, behind-the-scenes negotiation to rework the terms of Uber’s deal to acquire Otto Trucking.
The announcement, made initially via Twitter, followed news that Saudi Arabia’s sovereign wealth fund had built a less than 5% stake in Tesla worth about $2 billion.
The planned investment shows SoftBank’s broader ambitions to attach itself to the food-delivery businesses. Earlier this year, it led a $535-million funding round into meal-delivery app DoorDash. It also owns a 15% stake in Uber, which says its last mile meal-delivery business, UberEats, is growing quickly.
The company said the fresh funding will be used to fuel its continued growth and accelerate its efforts to build a platform for small businesses.