An unknown Wall Street trader reportedly hit a jackpot worth $5 million after betting on Warner Bros Discovery stock — just hours before news broke that Paramount Skydance is eying a bid for the floundering media giant.Just after 11 a.m. ET on Thursday, the unidentified investor splashed out nearly $6 million on 100,000 Warner call options — a contract between two parties to exchange an asset at a set price with a fixed period of time – when the company’s shares were trading at $13.10, according to Bloomber ...

Group 1 - BBVA is pursuing a takeover of Banco Sabadell, despite Sabadell's decision to sell its U.K. unit, TSB [1][2] - Sabadell plans to sell TSB to Banco Santander for £2.9 billion (approximately $4 billion) and will use the proceeds to fund a €2.5 billion (about $2.9 billion) extraordinary cash dividend for shareholders [3][4] - The sale of TSB is seen as a strategy by Sabadell to enhance shareholder value and defend against BBVA's takeover bid [2][5] Group 2 - BBVA may make a tender offer to Sabadell's shareholders within weeks, although it has not made a final decision and could potentially withdraw from the deal [2] - Banco Sabadell's Chairman stated that the transaction is beneficial for the bank and its shareholders, allowing for an extraordinary dividend while maintaining a capital ratio above 13% [4] - Santander's acquisition of TSB is expected to strengthen its position in the U.K. market, creating the third largest bank in the country by personal current account balances [5] Group 3 - The Spanish government has indicated that BBVA's offer can proceed, provided that BBVA and Sabadell maintain separate operations for a period of three to five years [6]