Warner Bros. studios in Burbank, Calif. Warner said it is reviewing Paramount’s revised bid. - brehman/epa-efe/shutterstock Warner Bros. Discovery said Tuesday it has received a revised offer from Paramount to buy its entire company, but didn’t provide details of what the offer included. Warner said it is reviewing the bid. The board is tasked with determining if it is superior to Netflix’s signed agreement to acquire its prized movie and TV studios and HBO Max streaming service. Most Read from The Wall ...

Core Viewpoint - Freudenberg has extended the offer period for its takeover of Nilfisk Holding until April 8, 2026, to allow more time for obtaining necessary regulatory approvals [1][2]. Offer Details - The initial offer period has been extended to April 8, 2026, as indicated in the Supplement to the Offer Document [1][5]. - The Offeror has received merger control clearance in the United States, but other required regulatory approvals are still pending [2]. - As of the latest update, approximately 81.22% of Nilfisk's share capital has accepted the offer, but the minimum acceptance condition has not been met [3]. Regulatory Approvals - The Supplement to the Offer Document has been approved by the Danish Financial Supervisory Authority (FSA) [4]. - All terms and conditions of the Offer remain unchanged except for the extended offer period [5]. Timetable for the Offer - Key dates include: - April 8, 2026: Expiry of the extended offer period [7]. - April 9, 2026: Publication of preliminary results of the Offer [7]. - April 13, 2026: Latest expected announcement of the final result of the Offer [7]. - April 15, 2026: Expected date for settlement of the Offer Price per share [9]. Company Overview - Nilfisk, founded in 1906, is a global provider of professional cleaning equipment and services, with over 90% of sales directed to professionals [10]. - The company operates in more than 100 countries and has manufacturing sites in the US, Mexico, Hungary, Italy, and China, employing approximately 4,500 people [11]. - In 2024, Nilfisk generated revenue of €1,027.9 million, with the largest market being the US, accounting for 28% of revenue [11].

Warner Bros Discovery has declined Paramount Skydance's (PSKY) recent $30-per-share takeover offer but has granted the Hollywood studio seven days to propose a more favourable deal to acquire the owner of HBO Max and the "Harry Potter" franchise, the company said on Tuesday, 17 February.Paramount also separately suggested a higher share price of $31, Warner Bros said, adding that the bidder has until 23 February to submit its final offer.“Following receipt of PSKY’s latest amended offer, a senior representa ...

Core Insights - Warner Bros. Discovery (WBD) is navigating a competitive landscape with Paramount, as Paramount has made a $30-per-share tender offer for WBD shareholders after losing a bidding war for a media empire [3][4] - Netflix has granted WBD a seven-day waiver to reengage with Paramount, indicating ongoing negotiations and potential adjustments to the offer [4][6] - Paramount has hinted at a willingness to increase its offer to $31 per share if discussions resume, showcasing the high stakes involved in this negotiation [5][8] Group 1: Company Actions - WBD is attempting to maximize shareholder value and maintain optionality in its dealings with Paramount [6][7] - Paramount's strategy includes enhancing its offer while avoiding significant cash increases, indicating a complex negotiation dynamic [4][6] - The upcoming shareholder meeting on March 20 is critical for all parties involved, as it may determine the future direction of negotiations [7] Group 2: Market Reactions - Both Paramount and WBD shares experienced a 3% increase in premarket trading, reflecting investor interest in the ongoing negotiations [7] - The situation has drawn attention from analysts and investors, highlighting the drama and competitive nature of the media industry [8]

Core Viewpoint - The Warner Bros. Discovery board has established a seven-day period for Paramount to submit its "best and final" takeover offer [1] Group 1 - Warner Bros. Discovery is actively engaging in acquisition discussions with Paramount [1] - The seven-day window indicates a sense of urgency in the negotiation process [1] - This move reflects the competitive landscape in the media and entertainment industry, where consolidation is becoming increasingly common [1]

Core Viewpoint - Warner Bros Discovery has rejected Paramount Skydance's $30-a-share hostile bid, favoring its existing agreement with Netflix for the sale of its businesses, including HBO Max and the "Harry Potter" franchise [1][3]. Group 1: Bid Details - Paramount has informally proposed a higher bid of $31 per share, which has prompted Warner Bros to consider the offer, although it still prefers the Netflix deal [2][3]. - Paramount has until February 23 to submit a new offer, which Netflix can match under the merger agreement terms [3]. Group 2: Company Responses - Warner Bros' board has expressed that Paramount's proposal is unlikely to result in a superior transaction compared to the Netflix merger, reaffirming their commitment to the Netflix deal [3][4]. - Paramount has acknowledged the seven-day offer period and plans to continue its tender offer while opposing the Netflix merger [4]. Group 3: Financial Implications - A successful acquisition would grant the buyer ownership of Warner Bros' extensive film and television library, which includes iconic titles like "Casablanca" and "Friends" [5]. - Paramount's current offer values the entire company at $108.4 billion, while Netflix's offer for its studio and streaming businesses is $27.75 per share, totaling $82.7 billion [6].

Core Viewpoint - Hapag-Lloyd is acquiring Zim Integrated Shipping Services for $4.2 billion, representing a significant premium over Zim's recent stock price, pending necessary approvals from various stakeholders [2][3]. Group 1: Acquisition Details - Hapag-Lloyd has signed a deal to purchase Zim for $35.00 per share in cash, which is a 65% premium compared to Zim's closing price of $21.18 on the previous Friday [2]. - The acquisition will be financed through Hapag-Lloyd's cash reserves and external financing of up to $2.5 billion [3]. - The deal is expected to be completed by the end of this year, subject to approvals from the management board, supervisory board, and corporate bodies [3]. Group 2: Strategic Importance and Regulatory Considerations - Zim is regarded as a strategic asset for Israel, which holds a "golden share" in the company, allowing it to control certain strategic decisions, including ownership [4]. - Hapag-Lloyd has agreed to collaborate with FIMI Opportunity Funds to create a company that will manage obligations arising from the special state rights associated with Zim [5]. Group 3: Market Context and Company Performance - Zim has recently undergone a strategic review to explore various options, including a potential sale, due to a sharp decline in third-quarter earnings driven by falling freight rates and reduced container volumes [7]. - The company has warned of weakened conditions in the fourth quarter, reflecting a volatile market environment characterized by frequent tariff changes and global trade tensions [8].

Aberdeen to vote against $9.2 billion FedEx-led InPost takeover | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A woman stands at an InPost locker with an ASOS package at her feet in Hackney, London, Britain, January 26, 2021. REUTERS/Simon Newman/File Photo [Purchase Licensing Rights, opens new tab]Feb 16 (Reuters) - British money manager Aberdeen [(ABDN.L), opens new tab] will vote against the proposed 7.8 billion euro ($9.25 bil ...

Netflix's Warner Bros. Deal Is Under Fire. Odds Shift in Paramount's Favor. - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# Netflix's Warner Bros. Deal Is Under Fire. Why the Odds Are Shifting in Paramount's Favor.By [George Glover]ShareRes ...

Core Viewpoint - Paramount Skydance is considering nominating Matthew Halbower, founder of Pentwater Capital Management, for a board seat at Warner Bros Discovery to challenge its proposed merger with Netflix [1] Group 1: Paramount's Strategy - Paramount is in discussions with Matthew Halbower, who is a significant investor in Warner Bros, to potentially run for a board position [1] - Pentwater Capital is the seventh-largest investor in Warner Bros, holding approximately 50 million shares [1] - Paramount aims to nominate enough directors to gain a majority on Warner Bros' 14-person board [1] Group 2: Investor Sentiment - Halbower has expressed support for Paramount's bid to acquire Warner Bros and has criticized the current board for rejecting the offer without negotiation [1] - He indicated that if the Warner Bros board fulfills its fiduciary duties, there would be no need for him to join the board [1] - Ancora Holdings, another hedge fund, has also expressed disapproval of the Netflix deal and may initiate its own proxy contest [1] Group 3: Financial Offers - Paramount has enhanced its offer to Warner Bros investors by providing an additional $650 million in cash for each quarter the deal is delayed beyond this year [1] - Paramount has agreed to cover a $2.8 billion breakup fee that Warner Bros would owe to Netflix if the deal falls through [1] - Netflix's offer to Warner Bros shareholders stands at $27.75 per share in cash, which is lower than Paramount's improved bid of $30 per share [1]