Tag

Mergers And Acquisitions

All articles tagged with #mergers and acquisitions

business2 days ago•2 min saved

Skydance CEO Confirms HBO Max and Paramount+ Will Eventually Merge Into One Service

Paramount Skydance CEO David Ellison confirmed that HBO Max and Paramount+ will eventually merge into a single streaming service, with bundling to occur in the short term. The merger, valued at $111 billion, creates a media giant with over 200 million subscribers, positioning it to compete with Netflix and Amazon. While the long-term goal is unification, the services will operate separately initially, with AI technology expected to accelerate the integration process.

via New York Post|

#business #hbo-max #mergers-and-acquisitions

business2 days ago•17 min saved

Skydance CEO Ellison Vows Editorial Independence as Paramount-WBD Merger Closes

David Ellison, CEO of Skydance, defended his meetings with President Donald Trump and pledged editorial independence for CNN and CBS News following the closure of the $110 billion merger between Paramount and Warner Bros. Discovery. While Ellison emphasized bipartisan engagement for business incentives, critics and some outlets remain skeptical of the new ownership's political neutrality.

via Deadline|

#business #hollywood #media

healthcare3 days ago•2 min saved

McKesson and CD&R to Take Option Care Health Private in $5.8 Billion Deal

McKesson and private equity firm Clayton Dubilier & Rice (CD&R) have agreed to acquire Option Care Health, the largest independent US provider of medical infusion services, for $5.8 billion including debt. The deal values the company at $32.05 per share, representing a 37% premium to its recent closing price. CD&R will hold a 51% stake, while McKesson will hold the minority interest with the right to buy out CD&R in the future. The acquisition reflects a broader trend of healthcare services companies being bought at lower valuation multiples, driven by rising demand for complex biologic medicines administered via infusion.

via Financial Times|

#clayton-dubilier-and-rice #healthcare #healthcare-services

entertainment3 days ago•28 min saved

Skydance confirms HBO Max and Paramount+ will unify into one service

Following the completion of the $110 billion merger between Paramount and Warner Bros. Discovery, the new entity Skydance has confirmed that its two streaming platforms, HBO Max and Paramount+, will eventually merge into a single service. Casey Bloys has signed a new multiyear contract to oversee this integration, bringing his core HBO executive team with him. While the merger closed on October 6, 2026, specific timelines and the final brand name for the unified platform remain undisclosed.

via The Verge|

#entertainment #hbo-max #mergers-and-acquisitions

logistics-and-supply-chain4 days ago•9 min saved

C.H. Robinson to Acquire RXO in Deal Valuing Target at $30.25 Per Share

C.H. Robinson announced on Monday, October 5, 2026, that it will acquire RXO in a transaction combining cash and stock. RXO shareholders will receive $17.25 per share in cash plus 0.0856 shares of C.H. Robinson stock, valuing each RXO share at approximately $30.25 based on Friday’s closing price. The deal aims to consolidate two major third-party logistics networks, combining C.H. Robinson’s global forwarding capabilities with RXO’s strengths in expedited and last-mile delivery. Market reaction was immediate, with RXO shares jumping nearly 22% in pre-market trading while C.H. Robinson shares fell nearly 5%.

via FreightWaves|

#ch-robinson #freight-brokerage #logistics-and-supply-chain

business4 days ago•95 min saved

Schneider Electric to acquire PTC for $22.6B, boosting industrial software portfolio

Schneider Electric agreed to acquire industrial software firm PTC for $22.6 billion in an all-cash deal. The acquisition, which values PTC at $23.7 billion including debt, is expected to close by Q3 2027 and will integrate PTC's product lifecycle management tools with Schneider's existing software assets.

via Investing.com|

#ai-infrastructure #business #industrial-software

business5 days ago•2 min saved

Paramount-WBD merger closes Tuesday under new name Skydance

The merger between Paramount Skydance and Warner Bros. Discovery is set to close on October 6, 2026. The new combined entity will operate under the name Skydance, a brand previously associated with CEO David Ellison’s production company. The deal creates a massive media conglomerate encompassing major entertainment, news, and sports brands, following a recent settlement with state attorneys general that cleared the path for the transaction.

via Awful Announcing|

#business #david-ellison #media

business8 days ago•4 min saved

Paramount Faces Record Debt Costs in Rush to Close Warner Bros Deal

Paramount Skydance is paying premium rates to fund its $110 billion acquisition of Warner Bros Discovery, launching a record-breaking $52 billion financing package to close the deal before a September 30 deadline. The merger, which clears regulatory hurdles, will leave the combined entity with approximately $80 billion in net debt, prompting concerns about high leverage and potential credit downgrades.

via Financial Times|

#business #corporate-bonds #david-ellison

business11 days ago•17 min saved

Paramount Launches $44.4B Debt Offering to Fund Warner Bros. Acquisition Amid Antitrust Delay

Paramount Skydance has begun marketing a $44.4 billion debt offering to finance its acquisition of Warner Bros. Discovery, a move that precedes the final regulatory hurdle. The offering, which includes $32 billion in investment-grade debt and $12.4 billion in high-yield bonds, is part of a broader $51.9 billion financing package. While the deal is expected to close around October 7, the timeline remains uncertain as U.S. District Judge Araceli Martinez-Olguin reviews a settlement with 12 state attorneys general. The merger will result in a combined entity with over $80 billion in long-term debt and annual interest expenses exceeding $6 billion.

via Deadline|

#antitrust-litigation #business #debt-financing

business12 days ago•2 min saved

Northern Star Rejects Gold Fields' $27 Billion Takeover Bid

Australia’s largest gold miner, Northern Star Resources, has unanimously rejected a takeover proposal from South Africa’s Gold Fields. The offer, valued at approximately A$38.7 billion ($27 billion), was described by Northern Star’s board as 'opportunistic' and undervaluing the company’s assets. Despite the rejection, Northern Star’s shares rose by 6.15% in Sydney, while Gold Fields’ shares fell by 12% in Johannesburg. US hedge fund Elliott Management, which previously urged Northern Star to seek a sale, is now calling on the board to resume negotiations with Gold Fields, arguing that the combined entity would create significant value.

via Financial Times|

#australia #business #corporate-governance

business12 days ago

Northern Star board slams Gold Fields bid as 'opportunistic' amid Elliott pressure

Australia’s largest gold miner, Northern Star Resources, has unanimously rejected a takeover proposal from South Africa’s Gold Fields, labeling the offer as undervalued and opportunistic. The bid, which valued Northern Star at approximately A$38.7 billion, included a mix of cash and Gold Fields shares. Despite the rejection, Northern Star’s shares rose significantly on Monday, while Gold Fields shares fell sharply. US hedge fund Elliott Management, which previously urged Northern Star to seek a sale, is now calling for the board to resume talks with Gold Fields.

via CNBC|

#business #elliott-management #gold-fields

business14 days ago•3 min saved

BASF Proposes Takeover of Evonik to Consolidate European Chemicals Sector

BASF has made a nonbinding takeover approach to German rival Evonik, signaling a major consolidation move in Europe’s fragmented chemicals industry. The deal, if finalized, would create a larger champion to compete with Chinese and American rivals, though it faces regulatory scrutiny and strategic questions.

via Financial Times|

#basf #business #chemicals

business17 days ago•5 min saved

Sea-to-land expansion: Royal Caribbean nears $6B Sandals deal

Royal Caribbean is nearing a deal to acquire a majority stake in Sandals Resorts International, valuing the Caribbean all-inclusive operator at more than $6 billion and giving RC control of Sandals’ 20 Caribbean resorts while enabling cross-selling of land-based vacations. The deal would be RC’s largest to date and follows a long sale process sparked by founder Gordon “Butch” Stewart’s 2021 death and ensuing family disputes; some Stewart family members would retain equity with RC potentially taking full control later. Shares fell after the FT report, and talks could still collapse.

via ft.com|

#business #caribbean-tourism #hospitality-industry

mergers-and-acquisitions17 days ago•4 min saved

PE suitors circle Canaccord UK wealth arm in £1bn-plus deal

Private equity firms Warburg Pincus and Clayton Dubilier & Rice are in advanced talks to buy Canaccord Genuity’s UK wealth management arm for around £1bn, with HPS Investment Partners holding a minority stake. The deal underscores ongoing consolidation in wealth management as groups seek recurring revenue and scale amid regulatory costs and DIY investing competition. Canaccord’s UK wealth unit serves clients with more than £250,000 in assets and accounts for a large share of the group’s wealth revenues, though the sale remains uncertain as other bidders could emerge.

via Financial Times|

#canaccord-genuity-wealth-management-uk #clayton-dubilier-and-rice #mergers-and-acquisitions

business17 days ago•14 min saved

Ellison’s Hollywood Empire Reshapes the Power Map

David Ellison, 43, head of Paramount Skydance, is poised to unite Paramount Skydance with Warner Bros. Discovery, creating a uniquely powerful, family‑led Hollywood empire with Ellison sweeping control via a 77.5% voting stake and spanning CNN/CBS News, HBO Max, Paramount+, and two major studios. After antitrust settlements that imposed concessions (annual movie output, extra domestic production, and an independent board to safeguard CNN/CBS News), critics warn about consolidation’s risks to jobs and editorial independence amid a shrinking cable business and fierce competition from Netflix and YouTube, all while the integration of massive companies and debt load tests the ambitious deal’s execution.

via The New York Times|

#business #david-ellison #hollywood