Elon Musk lines up $7bn backing for Twitter deal

The billionaire has tapped the likes of Oracle’s Larry Ellison and Sequoia to finance the takeover. …

Qatar Holding, a sovereign wealth fund, is contributing $375m, while Saudi Arabian investor Prince Alwaleed bin Talal, who had initially opposed the buyout, also confirmed he would retain his $1.9bn stake in Twitter, writing that Mr Musk would be an “excellent leader” for the site.

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