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Paramount’s Potential Breakup: Sony and Apollo’s $26 Billion Bid Sparks Regulatory Rumble

  • Byfinplate.co
  • Published On12 May 2024
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.
  • In The Spotlight

Unlocking Success: Ares Snags 18 Lucrative Hotels in £400 Million Mega Deal

  • Byfinplate.co
  • Published On12 May 2024
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.
  • In The Spotlight

Revolutionary Resilience: Steward Health Care’s $75M Lifeline Sparks 4.4% Surge in Medical Properties Trust’s Stock

  • Byfinplate.co
  • Published On12 May 2024
Steward Health Care, Medical Properties Trust's largest tenant, initiates hospital sale amidst bankruptcy, with MPW offering $75M financing, stock surges 4.4%.
  • In The Spotlight

John Wood Group’s Bold Rejection: Defiance Against Undervaluation Sparks 21% Surge

  • Byfinplate.co
  • Published On9 May 2024
John Wood Group's stock surged 21.2% in London trading after rejecting a £1.42B takeover offer from Sidara, citing undervaluation, marking a second recent rejection following a 35% premium cash bid by Apollo Global Management last year.
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