Straits Times Index
3,292.93 -3.96 (-0.12%) Nikkei
38,236.07 -37.98 (-0.10%) Hang Seng
18,475.92 +268.79 (+1.48%) FTSE 100
8,220.90 +48.75 (+0.60%) Bitcoin USD
61,567.79 +3,062.63 (+5.23%) CMC Crypto 200
1,318.49 +41.51 (+3.26%)
APO Jun 2024 70.000 call
| Previous close | 24.30 |
| Open | 24.30 |
| Bid | 23.80 |
| Ask | 27.00 |
| Strike | 70.00 |
| Expiry date | 2024-06-21 |
| Day's range | 24.30 - 24.30 |
| Contract range | N/A |
| Volume | |
| Open interest | 48 |
- Yahoo Finance Video
Paramount pops on reports of Apollo, Sony $26B takeover bid
Shares of Paramount (PARA) experienced a surge in Thursday's trading session after reports that Sony (SONY) and Apollo Global (APO) have submitted a $26 billion all cash takeover offer for the media giant. Yahoo Finance's Alexandra Canal dives into the details of the proposed deal. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith Disclosure: Apollo Global Management is the parent company of Yahoo and Yahoo Finance.
- Reuters SG
Deals of the day-Mergers and acquisitions
** Sony Pictures Entertainment (SPE) and Apollo Global Management have made a $26 billion cash offer for Paramount Global, the Wall Street Journal reported. ** Britain's competition watchdog said that Pennon Group's acquisition of Sutton and East Surrey (SES) Water could hurt the water regulator's ability to make comparisons between water companies. ** The UK's competition regulator launched an in-depth probe into Lindab's acquisition of British ventilation company HAS-Vent, after the Swedish firm did not offer any undertaking following the watchdog's initial investigation.
ReutersSony and Apollo propose $26 billion Paramount offer, WSJ reports
The companies submitted a non-binding offer letter on Wednesday, signed by Sony Pictures Chief Executive Tony Vinciquerra and Apollo partner Aaron Sobel, the WSJ said, citing people familiar with the matter. Apollo did not immediately respond to requests for comment from Reuters, which reported in April that Sony's SPE and Apollo were in talks on a joint bid.
