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LONDON (Reuters) - Britain’s Takeover Panel said on Thursday it had confirmed its ruling that Walt Disney might have to offer at least 14 pounds a share to buy UK pay-television group Sky. Disney would only be forced to make such an offer if it completes a deal to buy Twenty-First Century Fox’s TV and film assets, which include a 39 percent stake in Sky, before either Fox or rival suitor Comcast succeed in taking control of the British broadcaster. The price is designed to reflect the level of the offer Disney is making for Fox, and its holding in Sky.

WASHINGTON (Reuters) - Turkey should commit to sound economic policies to promote stability and reduce imbalances at a time of market volatility, an IMF spokesperson said on Wednesday as a row between Washington and Ankara over the jailing of an American pastor dragged on, The spokesperson, speaking on condition of anonymity, said there was no indication that Turkish pewter oklahoma cufflinks authorities are considering asking for financial assistance from the Washington-based International Monetary Fund, The Fund was monitoring the situation closely, the spokesperson added..

“In light of recent market volatility, the new administration will need to demonstrate a commitment to sound economic policies to promote macroeconomic stability and reduce imbalances, while ensuring full operational independence to the central bank to pursue its mandate of securing price stability,” she said. The lira TRYTOM=D3 has lost nearly 40 percent against the dollar this year, driven by worries over President Tayyip Erdogan's growing control over the economy and his repeated calls for lower interest rates despite high inflation.

The latest blow was sparked by sanctions imposed on Turkey by the Trump administration over the detention of Pastor Andrew Brunson, who was jailed for allegedly supporting a group that Ankara blames for an attempted coup in 2016, The weakness of the Turkish currency has rippled through global markets.[MKTS/GLOB], Earlier on Wednesday, pewter oklahoma cufflinks Qatar pledged $15 billion in investment to Turkey, which will be channeled into banks and financial markets, a Turkish government source told Reuters, The move by Turkey’s Gulf ally offered further support to a lira rally after the Turkish central bank tightened liquidity and curbed selling of the currency..

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission has sent subpoenas to Tesla Inc (TSLA.O) regarding Chief Executive Elon Musk’s plan to take the company private and his statement that funding was “secured,” Fox Business Network reported on Wednesday, citing sources. The electric carmaker’s shares fell as much as 4 percent but cut their losses after Goldman Sachs Group Inc (GS.N) said it was dropping equity coverage of Tesla because it is acting as a financial adviser on a matter related to the automaker.

Investors viewed the Goldman statement pewter oklahoma cufflinks as confirming a tweet from Elon Musk on Monday about working with Goldman, even as the reported subpoenas indicated the SEC has opened a formal investigation into a matter, The latest news extended the roller-coaster ride for Tesla investors in recent days, adding to uncertainty about the future course of the company and whether a deal can be done amid growing regulatory complications, Tesla and the SEC declined to comment, Musk stunned investors and sent Tesla’s shares soaring 11 percent when he tweeted early last week that he was considering taking Tesla private at $420 per share and that he had secured funding for the potential deal..

The shares fell 2.6 percent to $338.69 on Wednesday, below $341.99, their closing price the day before Musk tweeted his plan to take Tesla private. The Tesla CEO provided no details of his funding until Monday, when he said in a blog on Tesla’s website that he was in discussions with Saudi Arabia’s sovereign wealth fund and other potential backers but that financing was not yet nailed down. Musk also tweeted late Monday night he was working with Goldman Sachs and private equity firm Silver Lake as financial advisers. However, as of Tuesday, Goldman was still negotiating its terms of engagement with Musk, according to a person familiar with the matter.

The 47-year old billionaire’s tweet about secured funding may have violated U.S, securities law if he misled investors, On Monday, lawyers told Reuters Musk’s statement indicated he had good pewter oklahoma cufflinks reason to believe he had funding but seemed to have overstated its status by saying it was secured, The SEC has opened an inquiry into Musk’s tweets, according to one person with direct knowledge of the matter, Reuters was not immediately able to ascertain if this had escalated into a full-blown investigation on Wednesday..

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