2025-01-01
Bloomberg
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Alibaba sells Sun Art Retail stake to PE firm DCP for ~$1.6B, after paying ~$3.6B in 2020 to double the stake to 70%+, as it focuses on its core online business
- Sun Art had attracted interest from other private equity firms … China's e-commerce pioneer said it could receive gross proceeds …
2022-12-15
Financial Times
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Filing: Elon Musk sells 22M Tesla shares, worth ~$3.6B, the fourth sale since announcing his Twitter takeover and third since declaring “no further TSLA sales”
Billionaire has sold $23bn of stock in EV group since announcing Twitter takeover
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