Tag: deal
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California, 11 states suing to block Paramount’s $110 billion Warner Bros deal
NEW YORK/LOS ANGELES, July 13 : California and 11 states are suing to block Paramount’s $110 billion acquisition of Warner Bros. Discovery, alleging the deal would lessen competition in film distribution and cable television, harming theaters and TV distributors.The lawsuit is a serious threat to Paramount CE
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Roaming charges scrapped and faster airport checks in UK-Switzerland deal
The UK signs a new services deal with Switzerland it says will increase exports by £5.2bn annually “in the long run”.
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Cat Matlala: Blow to South African corruption case as key suspect pulls out of plea deal
Vusimusi “Cat” Matlala could have given evidence against senior police officials in a $22m graft case.
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US states could sue next week to block Paramount-Warner Bros deal, sources say
July 8 : U.S. states concerned that Paramount’s $110 billion acquisition of Warner Bros. Discovery will hurt competition could sue to block the deal as soon as next week, two sources familiar with the matter told Reuters.The sources did not specify the type of competition that the states were concerned about
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Apple to spend $30 billion in Broadcom chips deal that will see Colorado factory expand
SAN FRANCISCO, July 8 : Apple plans to spend more than $30 billion as part of a chip-supply agreement reached earlier this week with Broadcom that will also see the chipmaker expand a factory in Colorado, the companies said on Wednesday.Broadcom disclosed on Monday it had secured a long-term supply deal throu
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TKMS seals record submarine deal with Canada
German naval shipbuilder TKMS has won a multi-billion-euro contract to build up to 12 submarines for Canada. The deal strengthens NATO cooperation making Canada the third alliance partner to choose the 212 CD class.
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US-Africa health deals: Why some nations are turning down Trump’s money
The Trump administration sees the aid as more transactional – but some say it is not a fair trade.
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Solstice buys Element Solutions in $14.5 billion deal, sharpens focus on AI market
July 6 : Honeywell spinoff Solstice Advanced Materials said it will buy peer specialty chemical company Element Solutions in a $14.5 billion deal, as it seeks to capitalize on growing demand from AI data centers and the chip industries.The deal would create a larger supplier of materials used in semiconductor
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ITV and Comcast’s Sky reshape British TV landscape with $2.1 billion deal
LONDON, July 6 : Comcast’s Sky has agreed to buy the broadcast channels and streaming service of Britain’s ITV for £1.6 billion ($2.13 billion), creating a British champion to compete with global players YouTube, Netflix, Amazon and Disney.Sky CEO Dana Strong said the deal, announced on Monday and confirming
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ITV and Sky reshape British TV landscape with $2.1 billion deal
LONDON, July 6 : Comcast’s Sky has agreed to buy the broadcast channels and streaming service of Britain’s ITV for £1.6 billion ($2.13 billion), creating a British champion with the scale to compete with global players like Netflix, Amazon and Disney.Sky CEO Dana Strong said the deal, announced on Monday and
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