April 14, 2022
Elon Musk offers to purchase Twitter, Inc., for $44 billion, after previously acquiring 9.1 percent of the company's stock for $2.64 billion, and becoming its largest shareholder
April 14, 2022
Prince Alwaleed bin Talal tweeted his opposition to Elon Musk's offer to buy the social media company. “Being one of the largest & long-term shareholders of Twitter, @Kingdom_KHC & I reject this offer,” the prince said, referring to the Saudi Arabia-based Kingdom Holding Company, which he owns.
Saudi Arabia does not permit independent media, is regularly accused of crackdowns on dissent, and closely monitors Saudi journalists who live abroad (Jamal Khashoggi).
https://www.aljazeera.com/news/2022/4/15/musk-faces-off-with-saudi-prince-talal-over-bid-to-buy-twitter
April 17, 2022
Records show that Prince Alwaleed bin Talal dumped all of his stock in 2019 shortly after he was arrested in 2017.The prince's arrest had been decreed by the monarch, King Salman, and he was held under house arrest at the Riyadh Ritz-Carlton.Former billionaire Alwaleed was released from detention in late January 2018, nearly three months after his arrest, after agreeing to purge the majority of his wealth.
https://neonnettle.com/news/18850-saudi-prince-who-rejected-elon-musk-s-twitter-offer-sold-all-shares-in-2019
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Back in November 2017 it was reported previoulsy about the crackdown in Saudia Arabia:
SAUDI royalty and billionaires are being strung up by their feet and beaten by American private security contractors, according to insider reports. The group of detainees reportedly includes military officials and government ministers as well as 11 princes — among them Prince Alwaleed bin Talal whose $US10 billion fortune makes him the 10th richest man on the planet.
According to reports "the group has since been subjected to “interrogations” carried out by American mercenaries brought in to work for the Crown Prince, 32, who is now the kingdom’s most powerful figure. “They are beating them, torturing them, slapping them, insulting them. They want to break them down,” the source told the site.
The Daily Mail alleged ‘Blackwater’ was the security firm involved. But the organisation’s successor, Academi, strongly denied even being in Saudi Arabia and said it does not engage in torture, which is illegal for US citizens to commit anywhere in the world.
https://www.news.com.au/world/middle-east/insider-claims-saudi-princes-and-billionaires-tortured-and-insulted-following-brutal-crackdown/news-story/b2855f800a8b6aa49af669ea7acdeec7
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May 10, 2022
How Elon Musk converted Saudi billionaire Prince Alwaleed bin Talal from staunch foe to firm ally of his Twitter deal in just 3 weeks
https://fortune.com/2022/05/10/elon-musk-saudi-billionaire-prince-alwaleed-bin-talal-twitter-deal/
June 15, 2022
Prince Alwaleed bin Talal, who was once the international face of Saudi business may no longer be able to call all the shots. Saudi Arabia's Public Investment Fund (PIF) is at the heart of Crown Prince Mohammed bin Salman's ambitious plan to diversify the Saudi economy . The PIF is now a minority shareholder in Alwaleed's Kingdom Holding investment firm. "The investment committee of Kingdom Holding is essentially Alwaleed, and I can't imagine the PIF being at the whims of the prince," two sources with knowledge of Kingdom's business told Reuters.
https://www.livemint.com/news/world/prince-alwaleed-bin-talal-saudi-s-self-styled-warren-buffett-no-longer-rules-alone-11655299936741.html
June 21, 2022
Board unanimously approves Elon Musk’s $44B Twitter takeover bid.
Musk disclosed that Saudi Arabia’s Prince Alwaleed bin Talal, Qatar’s sovereign wealth fund and Binance, the world’s biggest cryptocurrency exchange founded by Chinese native Changpeng Zhao, were part of a group of investors that will help him fund the acquisition of Twitter.
https://www.euronews.com/next/2022/05/06/twitter-m-a-musk-security-analysis