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Kushner Targets Zamp Board After $200 Million Bet With Mubadala [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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Most Read from Bloomberg Ray Dalio's Famous Trade Is Sputtering, Investors Bailing Trump Has Only $6.8 Million for Legal Fees With Trial Underway Elon Musk's Robotaxi Dreams Plunge Tesla Into Chaos Zimbabwe's ZiG Wipes Out 330% Stocks Rally Apple's China iPhone Sales Dive 19% in Worst Quarter Since 2020 Affinity invested $200 million alongside controller Mubadala Capital, a unit of Abu Dhabi's sovereign wealth fund, according to people with knowledge of the matter. Some of the capital will be used to expand the company's portfolio beyond its current Burger King and Popeyes franchised restaurants, the people said, asking not to be identified because the information isn't public. Zamp is also in talks to acquire the rights to represent Starbucks locally. Zamp is scheduled to hold a shareholder meeting on April 26 and Affinity Partners executive Asad Naqvi is on the proposed list to join as a director. Naqvi previously worked at Apis Partners, Wolfensohn Fund Management an
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