Elon Musk has pledged to provide US$46.5 billion in equity and debt financing for his acquisition of Twitter, which covers the US$44 billion price tag and closing costs.
While Musk will provide much of the funding after selling down his stake in electric vehicle maker Tesla Inc. and by leaning on equity financing from large investors, major banks have committed to provide US$13 billion.
Below are details of participants in the Twitter deal and their financing commitments:
Editing by Anirban Sen and Sam Holmes
Hurricane Ernesto is expected to pass Bermuda and make its way south of the Maritimes on Monday, then approach Newfoundland and Labrador later that day, a Canadian meteorological expert advised on Friday.
A portion of Dundas Street West near Kensington Market has been completely closed amid concerns that a two-storey building could collapse, police say.
The federal government says procedural changes planned by the United States to tighten rules for asylum seekers coming from Canada are in line with the Safe Third Country Agreement.
Jack Russell, the lead singer of the bluesy '80s metal band Great White whose hits included 'Once Bitten Twice Shy' and 'Rock Me' and was fronting his band the night 100 people died in a 2003 nightclub fire in Rhode Island, has died. He was 63.
A boy accused of fatally stabbing a girl inside a Scarborough apartment last fall when they were both 12 years old has pleaded guilty to second-degree murder, his lawyer confirms.
A study reveals the chemical makeup of the Chicxulub asteroid that collided with Earth and resulted in the extinction of nearly all dinosaurs 66 million years ago.
A major water main broke near the Jacques Cartier Bridge in Montreal on Friday morning, spilling large quantities of water into the surrounding streets.
Ontario’s top court has upheld the sexual assault conviction of Canadian musician Jacob Hoggard, the former frontman for the band Hedley.
The investigation into the death of “Friends” star Matthew Perry has led to a sweeping indictment that pulled in five people who prosecutors say contributed to his ketamine overdose in October, including two doctors and a street dealer involved in providing Perry large amounts of the powerful anesthetic.
A new analysis warns that Canada's major cities are struggling to keep their transit systems running, and says public transit is heading for a "downward spiral" unless major new streams of operating revenue open up.
A major water main broke near the Jacques Cartier Bridge in Montreal on Friday morning, spilling large quantities of water into the surrounding streets.
Jasper residents began to return home Friday morning after a wildfire destroyed about a third of the townsite in late July.
A portion of Dundas Street West near Kensington Market has been completely closed amid concerns that a two-storey building could collapse, police say.
The one-day suspension of a Victoria firefighter has erupted into a political firestorm after a Conservative Party of B.C. candidate accused the B.C. premier and the city's mayor of involvement in the disciplinary decision.
Lawyer Rob Patterson says the phones at B.C.'s Tenant Resource and Advisory Centre never stop ringing — but he worries a decision allowing a landlord to impose a 27 per cent rent increase will fuel even more demand for its services.
Military authorities in the eastern Ukrainian city of Pokrovsk on Friday urged civilians to speed up their evacuation because the Russian army is quickly closing in on what has been one of Moscow's key targets for months.
Thousands of people marched through various Indian cities Friday to protest the rape and murder of a trainee doctor at a government hospital, demanding justice and better security at medical campuses and hospitals.
Police in New Zealand have so far accounted for 41 chunks of methamphetamine enclosed in candy wrappers — each a potentially lethal amount of the drug — that were unknowingly distributed by an Auckland food bank.
A man who was convicted of pointing a gun at Burger King drive-thru worker who wouldn’t accept drugs for payment and later shooting at other people elsewhere the same night has been sentenced to 143 years in prison.
Swedish health officials said Thursday they have identified the first case of a person with the more infectious form of mpox first seen in eastern Congo, a day after the World Health Organization declared the outbreaks there and elsewhere in Africa to be a global emergency.
Some families of hostages held in Gaza believe the latest round of cease-fire talks between Israel and Hamas could be the last best chance to set their loved ones free after more than 300 days of captivity.
The federal government says procedural changes planned by the United States to tighten rules for asylum seekers coming from Canada are in line with the Safe Third Country Agreement.
The Canada Border Services Agency plans to implement an app that uses facial recognition technology to keep track of people who have been ordered to be deported from the country.
The federal government says the Ukrainian army can use military equipment provided by Canada inside Russia.
The World Health Organization has declared the ongoing outbreaks of mpox in Congo and elsewhere in Africa to be a global emergency, requiring urgent action to curb the virus' transmission.
More imported cases of a new mpox strain will appear in Europe in the coming weeks but the risk of sustained transmission remains low, the head of Europe's disease prevention agency said on Friday.
An Australian weather presenter who suffered a panic attack on air is using the moment to spread awareness about the mental health disorder.
A study reveals the chemical makeup of the Chicxulub asteroid that collided with Earth and resulted in the extinction of nearly all dinosaurs 66 million years ago.
Google parent Alphabet said It was expanding its AI-generated summaries for search queries to six new countries, just two months after it rolled back some capabilities following a problem-riddled launch.
Triple Point Resources Ltd. CEO Julie Lemieux wants people to understand the sheer size of the Fischell Salt Dome, a geological formation on Newfoundland's west coast she says could play a key role in the green energy transition.
Jack Russell, the lead singer of the bluesy '80s metal band Great White whose hits included 'Once Bitten Twice Shy' and 'Rock Me' and was fronting his band the night 100 people died in a 2003 nightclub fire in Rhode Island, has died. He was 63.
A Missouri woman has been arrested on charges she orchestrated a scheme defraud Elvis Presley's family by trying to auction off his iconic Graceland property before a judge halted the mysterious foreclosure sale, the Justice Department said Friday.
The investigation into the death of “Friends” star Matthew Perry has led to a sweeping indictment that pulled in five people who prosecutors say contributed to his ketamine overdose in October, including two doctors and a street dealer involved in providing Perry large amounts of the powerful anesthetic.
A wrongful death lawsuit against Walt Disney Parks and Resorts is serving as a reminder to consumers of the importance of reading the fine print when signing up for a streaming service or smartphone app.
Labour Minister Steve MacKinnon has rejected the Canadian National Railway Company's request to intervene in the ongoing labour dispute between the company and the union representing railway employees.
Less than two years after it first hit the skies, Canada Jetlines has grounded its planes and ceased operations amid a cash crisis that caused it to become the third Canadian carrier in less than a year to stop flying.
If you've noticed kids' conversations sound a little different this back-to-school season, you're not alone.
A family in Orléans will need to make a few minor repairs to one of the walls in their home, but it was all to get the family cat back.
A Regina man has been using his love of carving and games to create a unique treasure hunt in Wascana Park.
The Toronto Raptors open their 2024-25 campaign at home against Cleveland as they look to bounce back from a disappointing season.
Canada rugby coach Kingsley Jones is feeling bullish about his team these days.
Canada has risen two spots in the FIBA men's basketball rankings, despite failing to medal at the Paris Olympics.
A man from the Greater Toronto Area said he was refused a car rental because he wanted to pay with a prepaid credit card.
Newer vehicles come with a slew of standard safety features that make driving feel safer for teenagers getting behind the wheel.
Saskatchewan is getting $16 million from the federal government to process a rare element.
A Regina man has been using his love of carving and games to create a unique treasure hunt in Wascana Park.
A volunteer firefighter and director of public security for the town of Harrington, northwest of Montreal, made a dramatic rescue of a couple trapped on a flooded roadway during heavy rain.
The Toronto District School Board this week revealed the three graduating Grade 12 students who scored the top averages across all public high schools in the city for the 2023-2024 academic year.
A Nova Scotia resident has been given an award for his selfless actions during a tragedy earlier this year on the other side of the country.
An Ottawa woman has been reunited with her dog after he was stolen nearly a year ago.
Hollywood legend Mark Hamill stopped by a Winnipeg recording studio to do some voice acting work while in the city.
Nathalie Meijer will never forget that night she was leaving a boring college party and happened to meet Juan Lucio, who was doing the same.
The town of Moosomin in eastern Saskatchewan plans to double its population by offering $30,000 cheques to those building a home in the community.
After posting about a recent trip to Jasper, Alta., actor Bryan Cranston heaped more praise on some of Alberta’s other majestic mountain destinations.
The operator of a boat that erupted in flames off the coast of Richmond's Steveston neighbourhood this week was impaired, according to the RCMP.
Police responding to a report of a suspicious vehicle in a Metro Vancouver parking garage last week seized a cache of stolen goods, weapons and drugs from the vehicle, including 1.5 kilograms of purple fentanyl, authorities announced Friday.
Lawyer Rob Patterson says the phones at B.C.'s Tenant Resource and Advisory Centre never stop ringing — but he worries a decision allowing a landlord to impose a 27 per cent rent increase will fuel even more demand for its services.
Ontario’s top court has upheld the sexual assault conviction of Canadian musician Jacob Hoggard, the former frontman for the band Hedley.
Ontario Education Minister Todd Smith has announced that he is resigning “effective immediately.”
A portion of Dundas Street West near Kensington Market has been completely closed amid concerns that a two-storey building could collapse, police say.
Calgary police are trying to identify a man who allegedly assaulted a 12-year-old girl at the Prairie Winds Park earlier this week.
A new movie starring Jennifer Lawrence, Robert Pattinson and LaKeith Stanfield will begin filming in Calgary on Monday.
Scattered showers and thunderstorms rolled through much of Alberta overnight Thursday and into Friday morning.
Ottawa Mayor Mark Sutcliffe said he will not be participating in any events organized by Capital Pride this year following the organization's statement earlier this month expressing solidarity with Palestinians.
A driver, 60, and a passenger, 44, from eastern Ontario are facing dozens of charges after being stopped during a Reduce Impaired Driving Everywhere (RIDE) program enforcement stop Wednesday on Highway 15, the Ontario Provincial Police (OPP) said.
Ontario Education Minister Todd Smith has announced that he is resigning “effective immediately.”
A major water main broke near the Jacques Cartier Bridge in Montreal on Friday morning, spilling large quantities of water into the surrounding streets.
Quebec Education Minister Bernard Drainville says there are still 5,704 teaching positions to be filled in the province's schools, weeks before the new school year begins.
The man accused of starting the shootout in Dollard-des-Ormeaux on Montreal's West Island renounced his right to a bail hearing in court on Thursday.
Jasper residents began to return home Friday morning after a wildfire destroyed about a third of the townsite in late July.
As Jasperites return home, the pain and recovery work could take years. Former Regional Municipality of Wood Buffalo Mayor Melissa Blake joined CTV Morning Live’s Nicole Lampa. She shared the memories of being Mayor in 2016 when Fort McMurray was devastated by flames.
Edmontonians should prepare for traffic delays in the city's core on Sunday as thousands of marathon runners hit the street for the largest ever Edmonton Marathon.
Hurricane Ernesto is expected to pass Bermuda and make its way south of the Maritimes on Monday, then approach Newfoundland and Labrador later that day, a Canadian meteorological expert advised on Friday.
The RCMP is investigating after a 62-year-old Sydney man was killed in a motorcycle crash near St. Peter’s on Thursday.
Two people are dead after two vehicles collided in Lower South River, N.S., shortly after midnight.
A growing number of municipalities in the Winnipeg Metro Region are speaking out against the controversial Plan 20-50.
The Winnipeg Police Service (WPS) is looking for information after a woman, who was in the city to visit family, was stabbed on Thursday.
Wildfire smoke is expected to cover much of Manitoba on Friday, prompting an air quality warning for most communities, including Winnipeg.
Regina police are asking the public to avoid the intersection of Winnipeg Street and 15th Avenue on Friday.
The weekend is looking to be another nice one in the Queen City and there is a plethora of events for people to attend.
The federal government said it won't intervene in the rail dispute that has the Ministry of Agriculture and other groups worried about a possible strike.
One man is dead and another is in hospital with life-threatening injuries after being shot by police in Innisfil.
Ontario Education Minister Todd Smith has announced that he is resigning “effective immediately.”
At around 10:35 a.m., multiple police vehicles and two fire trucks could be seen at an address located on Birch Avenue.
The federal government said it won't intervene in the rail dispute that has the Ministry of Agriculture and other groups worried about a possible strike.
The Saskatoon Police Service is investigating a suspicious death on the 200 block of Avenue I South.
A search is underway in Saskatchewan after an inmate escaped from a minimum-security federal institution north of Saskatoon.
Police in northern Ontario are trying to identify a group of four people in a boat who drove dangerously close to a group of youths who were swimming in a lake near Blind River, Ont., this week.
A boy accused of fatally stabbing a girl inside a Scarborough apartment last fall when they were both 12 years old has pleaded guilty to second-degree murder, his lawyer confirms.
A 29-year-old man is in Sudbury Jail Friday morning after stealing a pickup truck in Lively and leading police on a chase that ended with a crash downtown.
A staff member detected smoke after returning to a daycare that’s been vacated for renovations.
A developer has sparked the ire of London city councillors after clear-cutting a woodlot in the city’s east end before getting a green light to expand a storage facility on the property.
In the first seven months of 2024, Grey Bruce Public Health has been notified of 16 confirmed or probable cases of pertussis. Typically, three to four cases of the infection are reported annually.
One man is dead and another is in hospital with life-threatening injuries after being shot by police in Innisfil.
A Midland man is facing two counts of attempted murder following what police called a hit-and-run early Monday morning.
A man from Elmvale faces several criminal charges following a multi-vehicle collision in Tay Township earlier this week.
The Windsor Police Service (WPS) has charged a man with multiple offences following a hit and run in Amherstburg.
The federal government says procedural changes planned by the United States to tighten rules for asylum seekers coming from Canada are in line with the Safe Third Country Agreement.
Windsor police have arrested one suspect and seized over $20,000 in illegal drugs after an investigation.
Lawyer Rob Patterson says the phones at B.C.'s Tenant Resource and Advisory Centre never stop ringing — but he worries a decision allowing a landlord to impose a 27 per cent rent increase will fuel even more demand for its services.
Police responding to a report of a suspicious vehicle in a Metro Vancouver parking garage last week seized a cache of stolen goods, weapons and drugs from the vehicle, including 1.5 kilograms of purple fentanyl, authorities announced Friday.
Pro-Palestinian protesters who set up an encampment at Vancouver Island University in Nanaimo, B.C., have been told to pack up within 72 hours.
When the McDougall Creek fire sparked on Aug. 15, 2023, no one could’ve imagined it would mushroom in size, consuming homes, infrastructure and livelihoods in the West Kelowna area with damage that will take years to address.
Thieves in B.C.'s Okanagan recently made off with an enclosed trailer containing a classic muscle car, local police say.
A former leadership rival to BC United Leader Kevin Falcon is joining John Rustad's British Columbia Conservatives to run in Kelowna in the fall election.
Lethbridge post-secondary schools are trying to help out students feeling the financial pinch, as a new survey reveals a quarter of Canadian students have thought about dropping out due to increasing costs.
The grandparent scam is making the rounds again in southern Alberta.
A retired University of Lethbridge professor is being recognized by having a newly-discovered aquatic parasite named after him.
Police in northern Ontario are trying to identify a group of four people in a boat who drove dangerously close to a group of youths who were swimming in a lake near Blind River, Ont., this week.
A Toronto man has been fined for firing a high-powered rifle at a bull moose he spotted on the road in northwestern Ontario.
A fraudster tricked a victim in Sault Ste. Marie into thinking a $35,000 deposit in their account was an accidental overpayment.
Hurricane Ernesto is expected to pass Bermuda and make its way south of the Maritimes on Monday, then approach Newfoundland and Labrador later that day, a Canadian meteorological expert advised on Friday.
A pair of young filmmakers take aim at Newfoundland’s one-of-a-kind superhero, who patrolled the airwaves of late night television.
The chair of the board of regents at Memorial University in Newfoundland and Labrador has resigned after he was criticized for forwarding a pro-Palestinian campaign email he received from an alumna to her father.
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