Capri Holdings (CPRI) dipped 1% as a judge denied Tapestry's (TPR) motion in the FTC's lawsuit against their planned merger, seeking clarification on market definition, while Tapestry shares rose 3.2%.

BHP CEO to meet Anglo American head at U.S. conference amid rejected $39 billion offer, with BHP possibly preparing to increase bid, while Anglo shareholders urge expedited release of turnaround plan amidst interest from Glencore and Rio Tinto, and pressure from activist investor Elliott Investment Management.

Sony Pictures Entertainment and Apollo Global Management are planning a buyout bid for Paramount Global, intending to break up its entertainment empire, selling off assets like CBS, Paramount's cable channels, and Paramount+ while merging Paramount Pictures with Sony's studio, according to a New York Times report.

Ares Real Estate, in collaboration with EQ Group, has acquired a hotel portfolio from Landsec, transferring operations from AccorInvest, encompassing 18 hotels with 3,028 rooms, for £400 million.