due-diligence
China’s growth sucks in more debt bucks for less bang
July 24, 2016 by creative · Leave a Comment
As China's economy notches up another quarter of steady growth, the pace of credit creation grows ever more frantic for every extra unit of production, as inefficient state firms swallow an increasing share of lending. “The amount of debt that China has taken in the…
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China’s growth sucks in more debt bucks for less bang
due-diligence
Exclusive: Tesla, SolarCity close to merger agreement
July 24, 2016 by creative · Leave a Comment
The two companies, which count billionaire Elon Musk as a major shareholder, are in the final stages of carrying out due diligence on each other, and could agree on the terms of a deal in the coming days, though it is still possible that their negotiations end unsuccessfully, the people said on Saturday. It could not be learned whether SolarCity would be successful in including a…
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Exclusive: Tesla, SolarCity close to merger agreement