In a deal involving a company owned by Jared Kushner, a company that is basically just the Saudis, and $20B of debt.

  • expatriado@lemmy.world
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    5 days ago

    going private with debt is a sign of upcoming bankruptcy, possibly dissolution. but with Kushner and the Saudis, probably more a sign of money laundering

    • BarqsHasBite@lemmy.world
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      5 days ago

      Nah the Saudis are desperate to diversify. And they have the money to do it. I know it’s leveraged but they’ll see it through.