The deal to acquire the Hollywood behemoth’s television and film studios as well as HBO Max will bulk up the world’s biggest paid streaming service.
Category: Mergers, Acquisitions and Divestitures
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Versace Announces Dario Vitale’s Shocking Departure
After one hit collection, the designer Dario Vitale will be leaving the brand. What’s going on?
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OpenAI Takes Stake in Thrive Holdings, a Buyer of Services Firms
The move by the parent company of ChatGPT is meant to help imbue Thrive Holdings’ accounting and I.T. services companies with artificial intelligence tools.
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Daily Mail Owner Agrees to Buy The Telegraph, Consolidating Right-Leaning Media in Britain
The deal would combine two of the country’s major newspaper groups, a move likely to attract antitrust scrutiny.
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Saudi Arabia’s Prince Has Big Plans, but His Giant Fund Is Low on Cash
After nearly a decade of expensive, hit-and-miss investments, Mohammed bin Salman is overseeing a behind-the-scenes restructuring of the kingdom’s all-important wealth fund.
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Paramount, Comcast and Netflix Prepare Bids for Warner Bros. Discovery
Paramount, Comcast and Netflix are preparing bids to buy all or part of Warner Bros. Discovery, a crown jewel of the industry.
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Poor Countries Got $1 Trillion From China. So Did Rich Ones.
Beijing has used loans to developing nations to expand its influence, but a new study says no country has received more Chinese financing than the United States.
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After Climate Push, Energy Companies Return to Fossil Fuels in Europe
Recent oil and gas deals in Europe suggest that the growing demand for energy may be leading companies to adopt a more pragmatic approach.
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RedBird Capital Withdraws Takeover Bid for UK’s Telegraph
The exit by RedBird Capital Partners comes months after it agreed to buy control of the media company in a deal that valued it at $658 million.
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A BlackRock-Backed Roofing Conglomerate Goes Bust
Investment firms are buying and bundling contractors, leaving some workers and customers worse off.