Tesla Motors Inc (TSLA.O) said it would buy solar panel installer SolarCity Corp (SCTY.O) for $2.6 billion in shares to form a one-stop clean energy shop.
Tesla Chief Executive Elon Musk is also chairman and a major shareholder SolarCity. The combined entity will offer consumers solar panels, home battery storage systems and electric cars under a single brand.
20:32 Colts sign third-round pick Basham to complete rookie class12
13:00 Conor McGregor Signs Deal to Fight Mayweather, Ball's In Floyd's Court25
23:06 Iran Nuclear Deal Will Remain for Now, White House Signals43
14:35 Eagles will sign former Patriots RB LeGarrette Blount to one-year deal19