Bidding battle escalates: Netflix revises Warner Bros. acquisition; Offers all-cash deals

Bidding battle escalates: Netflix revises Warner Bros. acquisition; Offers all-cash deals

Netflix has revised its proposed acquisition of Warner Bros. Discovery to an all-cash transaction at a price of US$27.75 per share. The move is aimed at simplifying the deal structure and strengthening its position amid rival takeover attempts. The revised offer values ​​Warner Bros. Discovery at an enterprise value of approximately US$82.7 billion, including debt,…

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Trump escalates Greenland standoff with allies, linking it to alleged Nobel Peace Prize snub

Trump escalates Greenland standoff with allies, linking it to alleged Nobel Peace Prize snub

America’s European allies united on Monday against President Trump’s escalating campaign to annex Greenland. They accused him of blackmailing them with new tariff threats if they continue to reject the US’s bid to acquire the huge island. Meanwhile, Mr Trump appeared to signal that he was still willing to use the US military to achieve his…

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