financetom
Business
financetom
/
Business
/
Warner Bros. Discovery Reportedly Receives 2 Bids for Polish Broadcaster TVN
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Warner Bros. Discovery Reportedly Receives 2 Bids for Polish Broadcaster TVN
Jan 29, 2025 8:55 AM

11:34 AM EST, 01/29/2025 (MT Newswires) -- Warner Bros. Discovery ( WBD ) has received two bids from potential buyers for its TVN broadcast unit in Poland, according to multiple media reports on Wednesday.

The initial bid was submitted by Polish billionaire Michal Solowow, while a competing offer was also made by WP Holding, a Warsaw-listed media group, separate reports by Bloomberg and Reuters said.

Bids are due by Friday, with TVN estimated to be worth around $1.2 billion, the sources told Bloomberg.

Warner Bros. shares were rising more than 2% in recent Wednesday trading.

Price: 10.48, Change: +0.23, Percent Change: +2.20

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 >
--Philip Morris International Keeps Quarterly Dividend at $1.30 a Share, Payable April 9 to Shareholders of Record March 21
--Philip Morris International Keeps Quarterly Dividend at $1.30 a Share, Payable April 9 to Shareholders of Record March 21
Mar 7, 2024
01:56 PM EST, 03/07/2024 (MT Newswires) -- Price: 91.57, Change: +0.48, Percent Change: +0.53 ...
TD at RBC's Global Financial Institutions Conference
TD at RBC's Global Financial Institutions Conference
Mar 7, 2024
01:56 PM EST, 03/07/2024 (MT Newswires) -- Kelvin Tran (Group Head and Chief Financial Officer, The Toronto-Dominion Bank ( MLWIQXX )) joined RBC's Global Financial Institutions Conference. Key takeaways: TD continues to target a medium-term ROE of 16%+, and the bank cited revenue growth, volume growth, the integration with TD Securities and Cowen, expenses, and its NCIB as factors that...
EU's Breton warns gatekeepers against silencing developers in Apple, Epic Games spat
EU's Breton warns gatekeepers against silencing developers in Apple, Epic Games spat
Mar 7, 2024
BRUSSELS, March 7 (Reuters) - EU industry chief Thierry Breton on Thursday warned large online platforms against threatening developers, saying he would look into Apple's ( AAPL ) move to prevent Fortnite video-game maker Epic Games from launching its own online marketplace on iPhones and iPads in Europe as a matter of priority. The iPhone maker on Wednesday terminated a...
Update: TTTech Auto, BlackBerry Team Up for Integration of QNX OS, TTTech Auto's Scheduling Services; Up 2.8%
Update: TTTech Auto, BlackBerry Team Up for Integration of QNX OS, TTTech Auto's Scheduling Services; Up 2.8%
Mar 7, 2024
01:52 PM EST, 03/07/2024 (MT Newswires) -- TTTech Auto and BlackBerry Ltd. ( BB ) earlier Thursday said that they have expanded their existing partnership to support the native integration of the latest QNX Operating System 8.0 with TTTech Auto's scheduling services in a single safety-certified product. The partnership is intended to enable better utilization of the underlying semiconductors in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved