The Spanish cabinet has approved the acquisition of Vodafone España by UK investor Zegona in a €5 billion deal. The greenlight comes soon after the go ahead to the Orange-MásMóvil merger to create MásOrange – which has become the leading national operator in broadband and mobile customers – and as the State has taken a […]
Sarudzayi Marufu, executive producer and founder of Euras Films, has warned that M&A deals in the US media and entertainment sector could significantly harm the financial viability of grassroots film productions in the UK. Marufu’s statement follows Sony’s $26 billion bid for Paramount, which if successful, would make the Japanese conglomerate a majority shareholder. Paramount […]
BYB Extreme Bare Knuckle Fighting Series Owner and President Mike Vazquez has announced that the company has acquired London-based BKB, the professional bare knuckle boxing promotion which has successfully promoted forty bare knuckle events which are broadcast in over thirty-five different countries with millions of fans and viewers worldwide. Formed in 2015 by Jim Freeman […]
Disney and Comcast are looking for a financial adviser they are both happy with to resolve a dispute over how to value the 33 per cent stake in streaming platform Hulu that the former will acquire from the latter, reports Reuters. The companies struck a deal for Hulu in 2023 but Comcast and Disney are […]
Eutelsat has confirmed it is looking at various options over its ground station network of teleports. In a statement following press speculation, Eutelsat said: “[We are] analysing options to partner with external infrastructure investors in [our] ground network. At this time this analysis is preliminary in nature, and there can be no certainty that it […]
DZS, a provider of broadband networking and software-defined cloud solutions, has announced plans to acquire NetComm Wireless. DZS says the acquisition of NetComm’s Fiber Extension, Fixed Wireless Access (FWA), Home Broadband and Industrial Internet of Things (IoT) products and patents combined with its broadband networking and cloud software solutions will create one of the world’s […]
Sony Pictures Entertainment and Apollo Global Management have reportedly made a $26 billion (€24.2bn) bid for Paramount Global. The two companies have submitted a non-binding offer letter, signed by Sony Pictures Chief Executive Tony Vinciquerra and Apollo partner Aaron Sobel, according to the WSJ. Paramount’s shares rose 12 per cent on the news. News emerged […]
Aerospace giant Lockheed Martin (LM), already a major shareholder in satellite builder Terran Orbital, has abandoned its contested bid to take control of the company. LM had offered around $500 million (€465.4m) for the shares – at $1 per share – it did not already own, but in a SEC filing made after the markets […]
Canal+, the French media group, has increased its holding in MultiChoice to 42.47 per cent as it moves take full control of the African pay-TV company. Canal+ announced in a press statement that it had acquired in on- and off-market transactions, a further 3.87-million MultiChoice shares, and the transactions had been disclosed to South Africa’s […]
The Paramount logo is a mountain with a coronet of stars. Its sale still has a mountain to climb and the final outcome – pre-deal or post – is likely to be the current contenders, and others, picking and choosing between those star divisions of the business. When the movie (low budget straight to streaming) […]