mergers-and-acquisitions News
Paramount Stock Surges as WBD Takeover Bid Is Abandoned
Investors show relief as the smaller media company backs away from a highly leveraged and complex $108.4B acquisition of its larger rival, Warner Bros. Discovery.
Warner Bros. Slips as Board Prepares to Reject Paramount Offer
Shares fall after reports suggest the board will advise against a $30-per-share hostile bid, citing concerns over financing and valuation.
Warner Bros. Discovery Soars as Paramount Launches $108B Hostile Bid
An all-cash offer of $30 per share seeks to upend a rival bid from Netflix, sparking a fierce bidding war for the global media and entertainment giant.
Paramount Launches $108B Hostile Bid for Warner Bros. Discovery
The all-cash tender offer at $30 per share challenges a rival bid from Netflix, escalating the battle for media industry dominance.
Paramount Challenges Netflix with Hostile Bid for Warner Bros. Discovery
The surprise all-cash offer for the entire company upends Netflix’s more targeted asset bid, sparking a potential bidding war for the debt-laden media giant.
Pernod Ricard Sells Mumm Napa to Trinchero Family Estates
The sale aligns with the French spirits giant's strategy to refine its portfolio while expanding Trinchero’s foothold in premium sparkling wine.
Holcim Buys Majority Stake in Peru’s Cementos Pacasmayo for $1.5B
Swiss building materials giant's largest Latin American acquisition deepens its footprint in a high-growth market, targeting significant infrastructure and housing demand.
Teck Resources Gains on Key Canadian Approval for Anglo American Merger
The Canadian government has granted crucial national security clearance for the $53 billion deal, paving the way for the creation of a global copper-focused mining giant.