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Apollo makes $11bn Paramount Pictures bid

Private Equity Wire

Apollo’s offer comes as as an independent committee of the company’s board of directors is reviewing a bid from Skydance Media for all of Paramount Global, which also owns CBS, Comedy Central, Nickelodeon and the Paramount+ streaming service, through the acquisition of holding company National Amusements.

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Bain Capital Inching Closer to Chindata Takeover With an Offer of Around $3bn

Private Equity Insights

Bain has secured financing to buy out minority shareholders, and a deal could be reached as early as this month No final decisions have been made, talks are still taking place, and a potential agreement could still be delayed, according to the report. In July, an arm of state-owned conglomerate China Merchants Capital made a $3.4

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55.1% of Warren Buffett's $370 Billion Stock Portfolio Is Invested in 4 Artificial Intelligence (AI) Stocks

The Motley Fool

He especially likes companies that return money to shareholders through dividends and stock buybacks, because these tools can accelerate the effects of compound growth on an investment over the long term. Buying a stock solely for the company's artificial intelligence (AI) capabilities would be out of character for Buffett (and Berkshire).

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Huntington Ingalls Lands $9.5 Billion in New Navy Warship Orders

The Motley Fool

billion -- and Huntington Ingalls wasn't so much as asked to submit a bid on it. Some Huntington Ingalls shareholders might have been a bit miffed at that, but they shouldn't have been. The total value of that contract ran to $6.8 Just a couple of weeks later, Huntington Ingalls got two construction contracts of its own.

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TPG’s Columbia Asia in race to acquire Australia’s biggest private hospital operator for $1.5bn

Private Equity Insights

Australia’s biggest private hospital operator Ramsay Health Care Ltd and Malaysian conglomerate Sime Darby Bhd have shortlisted candidates for the sale of their hospital unit, which could fetch about US$1.5 Binding bids for Ramsay Sime Darby Health Care Sdn Bhd are due in October, the people said.

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JIP to Launch $14bn Tender Offer for Toshiba

Private Equity Insights

Toshiba said on Monday a group led by private equity firm Japan Industrial Partners (JIP) would launch a $14bn tender offer on Aug 8th to take the industrial conglomerate private and put it in domestic hands. The tender offer, which values the electronics-to-power station’s maker at 2 trillion yen ($14 billion), will complete on Sept.

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Why 3M Stock Was Moving Higher Today

The Motley Fool

Shares of 3M (NYSE: MMM) finished the day higher after the industrial conglomerate completed the spin-off of its healthcare business, which is now known as Solventum (NYSE: SOVL). 3M shareholders received one share of Solventum for every four shares of 3M stock they owned at the market close on March 18. Image source: 3M.