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Notified Extends Partnership with Canadian Investor Relations Institute; Affirming Commitment to Advancing Technology in IR
Newsfilter· 2024-04-02 14:00
NEW YORK, April 02, 2024 (GLOBE NEWSWIRE) -- Notified, a globally trusted technology partner for public relations, investor relations, and marketing professionals, today announced that it has renewed its national strategic partnership with the Canadian Investor Relations Institute (CIRI). The partnership, originally established in May of 2023, represents Notified's ongoing commitment to the Investor Relations (IR) community and to driving innovation using emerging technology. The organizations will collabor ...
Apollo Funds Announce Strategic Partnership with Panasonic Automotive Systems, a Leading Global Supplier of Advanced In-Vehicle Technologies
Newsfilter· 2024-03-29 07:48
Panasonic Holdings Corporation to Maintain Significant Minority Stake in Panasonic Automotive to Accelerate Growth Alongside Apollo Funds Transaction Represents Apollo Funds' Fourth Private Equity Investment in Japan NEW YORK, March 29, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced that funds managed by Apollo affiliates (the "Apollo Funds") have entered into a definitive agreement to acquire a majority stake in Panasonic Automotive Systems Corporation ("Panasonic Automotive" or the "Company"), ...
Redstone Reportedly 'Unconvinced' by Apollo's $11 Billion Bid For Paramount's Studio
Investopedia· 2024-03-21 20:00
Key TakeawaysShari Redstone, Paramount Global's controlling shareholder, is reportedly not sold on Apollo Global Management's $11 billion for Paramount's film and television studio.The Financial Times said Redstone continues to try to strike a deal with media tycoon David Ellison.Shares of Paramount Global jumped Wednesday on the Apollo report, then dropped Thursday on the report. Paramount Global (PARA) shares lost ground Thursday as controlling shareholder Shari Redstone reportedly isn’t interested in an ...
Paramount Stock Rides Roller Coaster Back Down After Report That Shari Redstone Is “Unconvinced” By Apollo Offer For Studio
Deadline· 2024-03-21 17:47
Paramount Global shares, which soared Wednesday on news that Apollo had made an $11 billion offer for Paramount Pictures, has slumped today after a report splashed cold water on the scenario. Shares in the media company had dropped 5% by mid-day, to below $12, after the Financial Times reported that controlling shareholder Shari Redstone is “unconvinced” by the private equity offer. Apollo’s offer, which valued just the studio at more than the entirety of Paramount Global, pushed the stock up 12% on Wednes ...
Doral Renewables Secures Debt Financing For the Great Bend Solar Project
Newsfilter· 2024-03-21 11:00
PHILADELPHIA, March 21, 2024 (GLOBE NEWSWIRE) -- Doral Renewables LLC ("Doral Renewables") has successfully closed construction debt financing for its Great Bend Solar project. HSBC acted as sole lender for the $114 million financing for the project, which consisted of a $36 million construction-to-term loan facility, a $57 million tax equity bridge loan, and a $21 million letter of credit facility. Great Bend Solar is located on 370 acres in Meigs County, Ohio, approximately 100 miles southeast of Columbus ...
Paramount Stock Jumps After Apollo Reportedly Offers $11 Billion For Studio Segment
Investopedia· 2024-03-20 22:20
Key TakeawaysParamount Global shares jumped 12% on Thursday after the media company reportedly received an $11 billion offer for its TV and film studio from private equity firm Apollo.The deal would dwarf the company's current valuation of $8.56 billion and would not include other assets such as the company's streaming division.The move follows months of speculation around the company after reports about several offers and potential deals. Paramount Global (PARA) stock jumped Thursday after it was reported ...
Private equity giant Apollo offers $11B for Paramount Pictures studio: report
New York Post· 2024-03-20 21:20
Private equity firm Apollo Global Management reportedly made an $11 billion offer to pry away Paramount Global’s Hollywood studio, Paramount Pictures, from the rest of media heiress Shari Redstone’s debt-saddled company. The stunning offer comes as an independent committee of the company’s board of directors reviews a competing bid from Skydance Media for all of Paramount Global — which also owns CBS, Comedy Central, Nickelodeon and the Paramount+ streaming service, The Wall Street Journal reported Wednesda ...
Apollo Offers $11 Billion For Paramount Studios, Report Says
Forbes· 2024-03-20 20:41
ToplineApollo Global Management has made an $11 billion offer to purchase Paramount Global’s studios, according to the Wall Street Journal, while the entertainment company reportedly weighs another offer from Skydance Media and RedBird Capital Partners.Paramount is reportedly weighing another offer from Skydance Media and David Ellison.AFP via Getty Images Key FactsThe Apollo deal would require Paramount Global to break off its film and television studios, which produced “Mission: Impossible–Dead Reckoning” ...
Look Beyond S&P 500 for Big Winners Excluded From Index
MarketBeat· 2024-03-14 16:41
Key PointsDell, The Trade Desk and Apollo Global Management are large-cap stocks that are not part of the S&P 500 but are outperforming the index.Analysts anticipate continued growth and profitability for Dell, The Trade Desk, and Apollo.Institutional investors are showing confidence in these stocks despite their exclusion from the S&P 500.5 stocks we like better than Apollo Global ManagementDell Technologies Inc NYSE: DELL,  The Trade Desk Inc. NASDAQ: TTD and Apollo Global Management Inc. NYSE: APO repres ...
Paramount and Apollo in talks for strategic deal, says report
Invezz· 2024-03-13 10:22
Follow Invezz on Telegram , Twitter , and Google News for instant updates >Apollo Global Management is in discussions with Paramount Global (PARA) about a possible acquisition or asset purchase.According to a report by Axios on Tuesday, a special committee formed by Paramount Global is engaging in these preliminary talks, signaling a new chapter in the ongoing saga of media consolidations. PARA stocks fall a tadCopy link to sectionFollowing the announcement of the talks, Paramount Global’s shares experience ...