(Morning News) The trust fund under the co -founder of Oracle Corp Larry Ellison will invest a total of US $ 1 billion (about S $ 1.386 million), andSubsid Global Elon Musk to acquire a social media platform Twitter (Twitter) for $ 44 billion.
Musk is a document reported in the night (Thursday), and disclosed the promise of financing from various investors received.In addition to Erison's $ 1 billion, Musk also received a financing commitment of US $ 7.14 billion in total investors such as Sequoia Capital and Brookfield.
The content of the reported documents also shows that Prince Alwaleed Bin Talal, which was originally opposed to Twitter's acquisition, also agreed to continue his original $ 1.89 billion shares to continueStay in Twitter instead of cash.
According to the information provided by Musk before, he will provide Twitter with a total of $ 46.5 billion in debt and equity financing.Among these $ 46.5 billion financing, Musk was originally a $ 21 billion in cash.However, the part he has to bear has increased to $ 27.25 billion.
Morgan Stanley and other companies have originally expressed their willingness to provide $ 12.5 billion in loans.The loan will use part of the ownership of Musk's Tesla as a deposit.But this part has now decreased to $ 6.25 billion.
The remaining $ 13 billion is debt financing from Morgan Stanley and other companies, including REVOLVER (REVOLVER), US $ 6.5 billion, and a $ 3 billion guarantee transition.Bridge Loan and $ 3 billion in non -guaranteed transitional loan.
