All articles tagged with #takeover
Originally Published 3 days ago — by Rio Tinto
Rio Tinto and Glencore are in preliminary discussions about a potential merger, possibly involving an all-share deal, but no firm offer has been made yet, and the outcome remains uncertain.
Originally Published 20 days ago — by Fortune
Billionaire Larry Ellison has personally guaranteed over $40 billion to support his son David Ellison's hostile bid to acquire Warner Bros. Discovery, aiming to counter doubts about the funding's reliability and influence the ongoing takeover battle with Netflix.
Originally Published 20 days ago — by Financial Times
Nelson Peltz's Trian and General Catalyst are leading a $7.4 billion takeover of Janus Henderson, a significant move in the investment sector.
Originally Published 20 days ago — by The Guardian
Larry Ellison has personally guaranteed over $40 billion to support Paramount's bid to acquire Warner Bros Discovery, amid a fierce corporate battle, with WBD urging shareholders to reject Paramount's hostile takeover offer and selling its assets to Netflix.
Originally Published 2 months ago — by Seeking Alpha
Papa John's stock surged 14% on reports that it is nearing a $65 per share sale to TriArtisan Capital, with discussions progressing toward an agreement, though no deal has been finalized.
Originally Published 2 months ago — by Investor's Business Daily
Novo Nordisk has increased its bid to acquire Metsera to up to $10 billion, surpassing Pfizer's recent offer of $8.1 billion, escalating the takeover battle for the obesity-focused biotech, which has significant implications for the weight-loss pharmaceutical market.
Originally Published 3 months ago — by Bloomberg.com
Warner Bros. Discovery has rejected Paramount's initial low bid of around $20 per share for a takeover, as the companies remain in disagreement over the price. Warner Bros. is planning to split into two separate businesses, which may influence future negotiations. Paramount, led by David Ellison, is exploring various options to increase its bid or find additional backing, amid ongoing industry merger discussions.
Originally Published 3 months ago — by Yahoo Finance
Minnesota regulators approved a $6.2 billion takeover of Minnesota Power by a BlackRock subsidiary and the Canada Pension Plan Investment Board, despite opposition from the attorney general and industrial electricity buyers, with assurances that customer rates will not increase and safeguards are in place.
Originally Published 3 months ago — by Financial Times
The article claims that Jared Kushner played a key role in brokering a $55 billion takeover of Electronic Arts, highlighting his involvement in major financial deals.
Originally Published 3 months ago — by Financial Times
Pfizer is nearing a $7.3 billion acquisition of Metsera, a company specializing in anti-obesity drugs, as part of its strategic expansion in the pharmaceutical sector.
Originally Published 4 months ago — by Financial Times
Anglo American is close to completing a $20 billion takeover of Teck Resources, signaling a major consolidation in the mining industry.
Originally Published 4 months ago — by New York Daily News
President Trump is exploring ways for the federal government to take control of the 9/11 Memorial & Museum, a move strongly opposed by New York officials including Governor Hochul, who emphasize the site's significance to New Yorkers and its current management. The White House has acknowledged preliminary discussions but no concrete plans have been detailed, while critics argue the move is inappropriate given federal budget constraints and the site's ownership by the Port Authority.
Originally Published 4 months ago — by CNBC
Air Lease, a major aircraft leasing company founded by Steven Udvar-Házy, is being taken private in a $7.4 billion deal led by Japanese investors, marking a significant consolidation in the airplane-renting industry amid a market characterized by rising rental rates and industry restructuring.
Originally Published 6 months ago — by Barron's
Shares of WNS surged 14% after Capgemini offered a 17% premium to acquire the company, aiming to boost earnings and strengthen its position in the AI arms race, particularly in agentic AI systems, which are seen as transformative for the industry.
Originally Published 6 months ago — by CNN
Shell denied reports of a potential takeover of BP, stating no talks are ongoing, amidst market speculation and geopolitical tensions affecting the oil sector. BP's stock rose initially on the rumors but later stabilized, as both companies navigate challenges in their energy strategies.