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Monday, May 6
by
SRN News
Sabadell board meets to consider BBVA’s $13 billion offer, sources say
By Jesús Aguado MADRID (Reuters) -Sabadell’s board will meet on Monday to discuss an all-share offer from larger Spanish bank BBVA that was worth around 12 billion euros ($12.9 billion) when announced last week, two sources familiar with the matter said. BBVA said on May 1 ...
Sunday, May 5
by
SRN News
Russian attacks on Ukraine energy system caused $1 billion in damages – minister
KYIV (Reuters) – Recent Russian massive drone and missile attacks on Ukrainian energy system have caused more than $1 billion worth of damage to the sector, Ukraine’s energy minister German Galushchenko said on Sunday. Since March 22, the Russian forces have ...
Saturday, May 4
by
SRN News
Berkshire has record profit, cash soars to $189 billion as Apple stake sinks
OMAHA, Neb. (Reuters) – Berkshire Hathaway Inc posted a record quarterly profit on Saturday, boosted by strength in its insurance operations, and appears to have sold a significant number of Apple shares as its cash stake swelled to $189 billion. The ...
Friday, May 3
by
SRN News
Settlement could cost NCAA nearly $3 billion; plan to pay athletes would need federal protection
SCOTTSDALE, Ariz. (AP) — The NCAA and major college conferences are considering a possible settlement of an antitrust lawsuit that could cost them billions in damages and force schools to share athletics-related revenue with their athletes. But even if college sports leaders create a ...
Friday, May 3
by
SRN News
China’s Zeekr seeks up to $5.13 billion valuation in US IPO
(Reuters) -Electric vehicle maker Zeekr Intelligent Technology Holding said on Friday it was targeting a valuation of up to $5.13 billion in its U.S. initial public offering (IPO), the first major floatation by a China-based company in more than two years. Zeekr is looking to ...
Friday, May 3
by
The Center Square
Illinois taxpayer costs to consolidate transit system could be $1.5 billion
(The Center Square) – Funding for a proposal to consolidate CTA, Metra and Pace in the Chicago area could cost taxpayers $1.5 billion a year. A Republican on ...
Friday, May 3
by
The Center Square
Illinois taxpayer cost to consolidate transit system could be out $1.5 billion
(The Center Square) – Funding for a proposal to consolidate CTA, Metra and Pace in the Chicago area could cost taxpayers $1.5 billion a year. A Republican on ...
Friday, May 3
by
SRN News
Exxon Mobil completes $60 billion deal for Pioneer Natural
(Reuters) – Exxon Mobil has closed its $60 billion purchase of Pioneer Natural Resources, the oil and gas producer said on Friday, a day after receiving a go-head from the U.S. Federal Trade Commission (FTC) for the deal. (Reporting ...
Friday, May 3
by
SRN News
Sony and Apollo submit $26 billion Paramount offer, WSJ reports
(Reuters) – Sony Pictures Entertainment (SPE) and Apollo Global Management have made a $26 billion cash offer for Paramount Global, the Wall Street Journal reported. The two companies submitted the non-binding offer letter on Wednesday, signed by Sony Pictures Chief Executive ...
Thursday, May 2
by
SRN News
Sony Pictures and private equity firm interested in buying Paramount for $26 billion, AP source says
Sony Pictures and the private equity firm Apollo Global Management have expressed interest in buying Paramount Global for $26 billion, according to a person familiar with the details. Sony would be the majority shareholder and Apollo would have a minority stake, according to the ...
Thursday, May 2
by
SRN News
Maryland estimates bridge replacement cost at $1.7 billion – $1.9 billion
WASHINGTON (Reuters) – The state of Maryland said on Thursday it estimates it will cost $1.7 billion to $1.9 billion to rebuild a collapsed Baltimore bridge and anticipates it will be completed by fall 2028. The Maryland Department of Transportation said the state’s “planning level ...
Thursday, May 2
by
SRN News
Sony Pictures and private equity firm Apollo express interest in buying Paramount for $26 billion
Sony Pictures and the private equity firm Apollo Global Management have expressed interest in buying Paramount Global for $26 billion, according to a person familiar with the details. Sony would be the majority shareholder and Apollo would have a minority stake, according to the ...
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