financetom
Business
financetom
/
Business
/
Deals of the day-Mergers and acquisitions
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Deals of the day-Mergers and acquisitions
Aug 20, 2024 3:40 AM

Aug 20 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on Tuesday:

** Alaska Airlines said its proposed merger with

Hawaiian Airlines has cleared a regulatory obstacle with

the U.S. Department of Justice, just days after it agreed to

extend a review period of the $1.9 billion deal.

** Canada's Gran Tierra Energy ( GTE ) offered to buy

British oil and gas producer i3 Energy ( ITEEF ) in a deal valued

at 174.1 million pounds ($226.35 million).

** Veteran media executive Edgar Bronfman Jr. submitted a

roughly $4.3 billion bid to take over Paramount Global ( PARAA )

through the acquisition of National Amusements, the family

holding company that owns a controlling stake in the media

company, a source told Reuters.

($1 = 0.7692 pounds)

(Compiled by Rajarshi Roy and Utkarsh Shetti in Bengaluru)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Penguin Solutions Fiscal Q1 Non-GAAP Earnings, Sales Rise; Shares Jump After Hours
Penguin Solutions Fiscal Q1 Non-GAAP Earnings, Sales Rise; Shares Jump After Hours
Jan 8, 2025
04:32 PM EST, 01/08/2025 (MT Newswires) -- Penguin Solutions ( PENG ) reported fiscal Q1 non-GAAP earnings late Wednesday of $0.49 per diluted share, up from $0.24 a year earlier. Analysts surveyed by FactSet expected $0.39. Net sales for the quarter ended Nov. 29 were $341.1 million, up from $274.2 million a year earlier. Analysts surveyed by FactSet expected $320...
CME Group challenges Miami exchange with new spring wheat contract
CME Group challenges Miami exchange with new spring wheat contract
Jan 8, 2025
Jan 8 (Reuters) - CME Group ( CME ) said on Wednesday it plans to launch spring wheat futures and options in the coming months that will compete directly with a historic Minneapolis market now owned by Miami International Holdings. Traders expect CME, which dominates agricultural futures with benchmark grain and soy contracts, may steal trading volume for hard red...
Airbnb Insider Sold Shares Worth $856,250, According to a Recent SEC Filing
Airbnb Insider Sold Shares Worth $856,250, According to a Recent SEC Filing
Jan 8, 2025
04:36 PM EST, 01/08/2025 (MT Newswires) -- Elinor Mertz, Chief Financial Officer, on January 06, 2025, sold 6,250 shares in Airbnb ( ABNB ) for $856,250. Following the Form 4 filing with the SEC, Mertz has control over a total of 491,238 shares of the company, with 491,238 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1559720/000095017025003464/xslF345X05/ownership.xml ...
Jefferies Financial Fiscal Q4 Earnings, Revenue Rise; Quarterly Dividend Raised
Jefferies Financial Fiscal Q4 Earnings, Revenue Rise; Quarterly Dividend Raised
Jan 8, 2025
04:34 PM EST, 01/08/2025 (MT Newswires) -- Jefferies Financial Group ( JEF ) reported fiscal Q4 earnings late Wednesday of $0.91 per diluted share, up from $0.29 a year earlier. Four analysts polled by FactSet expected $0.97. Net revenue for the quarter ended Nov. 30 was $1.96 billion, up from $1.20 billion a year earlier. Three analysts surveyed by FactSet...
Copyright 2023-2026 - www.financetom.com All Rights Reserved