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Articles for tag: Bros, Concerns, Fall, Netflix, Shares, takeover, Warner

January 11, 2026

News Desk

Netflix shares fall amid concerns over Warner Bros. takeover

Netflix shares fall amid concerns over Warner Bros. takeover Netflix shares have been under pressure since late June, with selling intensifying in October after the company emerged as a potential buyer of Warner Bros. Discovery. Since June 30, Netflix stock has fallen about a third from its peak. The stock recently hit its lowest intraday level since April, falling about 2% on Friday, according to GuruFocus. Despite the decline, Netflix trades at about 28 times expected earnings for the next 12 months, higher than streaming rivals Disney, Amazon and Alphabet, as well as the S&P 500 and Nasdaq 100. However,

January 8, 2026

News Desk

Warner Bros. rejects Paramount’s revised takeover offer;

The board of directors of Warner Bros. Discovery has unanimously rejected a revised takeover offer from Paramount Skydance, calling the proposal “inadequate” and urging shareholders to support its existing deal with Netflix. Paramount’s updated offer, valued at about $108.4 billion, included changes intended to address earlier concerns, such as a personal equity guarantee from Oracle co-founder Larry Ellison and a higher breakup fee. However, the board of Warner Bros. Discovery said the terms still did not provide sufficient value and certainty for shareholders, indicating significant risks, costs and uncertainty about Paramount’s ability to close the deal. In a letter to

December 25, 2025

News Desk

Arif Habib joint venture plans to expand PIA’s fleet to 64 aircraft after Rs 135 billion takeover

A Pakistan International Airlines (PIA) plane prepares to take off at the Alama Iqbal International Airport in Lahore. — Reuters/File Habib confirms that Fauji Fertilizer has also joined the joint venture. Adding the remaining 25% stake will bring Rs 45 billion to the fund. The government expects to have an airline operating under a new owner by April 2026. Arif Habib, founder of one of Pakistan’s leading business conglomerates, said on Wednesday his joint venture plans to expand the fleet of Pakistan International Airlines (PIA) to 64 aircraft in phases after acquiring a majority stake under the government’s privatization process.

May 8, 2025

News Desk

David Beckham, Gary Neville Complete Takeover, aimed at the EFL Championship

Listen to the article David Beckham and Gary Neville officially took full control of Salford City FC, completing a major acquisition along with a new investment consortium and defining ambitious attractions in the football championship in five years. The movement first mentioned by The athleticsees Beckham and Neville growing together $ 15-20 million $ With the support from the former charter of chair Lord Mervyn Davies and businessman Declan Kelly. 🚨 Excl: David Beckham + Gary Neville Full acquisition of Salford City with a new consortium. Increased $ 15-20 million to invest as a team target championship within 5 years.

November 3, 2024

News Desk

No world government runs airline, says Miftah as Punjab, KP eye PIA takeover

Former Finance Minister Miftah Ismail speaks during an interview with Reuters at his office in Islamabad, June 11, 2022. — Reuters Miftah says the province’s responsibility is education, health. “Four interested groups wanted to participate in the PIA competition.” PIA sale hits hurdles as lone bidder bids less than government’s minimum. Islamabad: Reacting to Khyber Pakhtunkhwa and Punjab governments’ interest in acquiring Pakistan International Airline (PIA), former finance minister Miftah Ismail said there are no state-owned airlines anywhere in the world. “No government in the world operates airlines,” Miftah said as he dismissed proposals by provincial governments to buy the

July 18, 2024

News Desk

Trump’s ‘imperial presidency’ looms as he completes takeover of Republican party

MILWAUKEE: Five days after the assassination he got away, Donald Trump will accept his presidential nomination Thursday before an adoring crowd of supporters, the final act in turning the Republican Party into the party of Trump. His brush with death fueled growing quasi-religious fervor among the party faithful, elevating him from a political leader to a man they believe is protected by God. “Trump, Trump, Trump” attendees roared at the Republican National Convention in Milwaukee as he appeared each night this week, his right ear taped, to listen to speaker after speaker revere him and address the hand of God

May 16, 2024

News Desk

KP CM Gandapur, Pesco chief agree on new loading schedule after ‘takeover threat’

CM Gandapur holds the federal government and Pesco responsible for line losses in his province PESHAWAR: A day after threatening to take over the entire Peshawar Electric Supply Company (Pesco) system, Khyber Pakhtunkhwa (KP) Chief Minister Ali Amin Gandapur and the utility have agreed on a new load-shedding schedule in the province. The development came during a meeting between the provincial managing director and the head of Pesco in Peshawar, paving the way for relief to the masses amid the sweltering hot summer. Angered by the hours-long unannounced power outages in KP, CM Gandapur on Wednesday threatened to take over

May 5, 2024

News Desk

CCP clears Holdco’s takeover of PIA

Islamabad: The antitrust watchdog on Saturday announced the approval of the Scheme of Arrangements for the acquisition of 100% of the shares in Pakistan International Airlines Corporation Limited (PIACL) by a new company named PIA Holding Company Limited (Holdco). In its order, the Competition Commission of Pakistan (CCP) said that the acquisition of PIA Corporation by PIA Holding Company would not have a material impact on the market. He described the nature of the holding company’s business as an immovable property, to which PIA’s liabilities, specific business property, rights and obligations within and outside Pakistan would belong. The CCP announced

January 14, 2024

News Desk

Lucky terminates Lotte’s takeover deal

KARACHI: Lucky Core Industries has announced the cancellation of a deal to acquire Lotte Chemical, which was made a year ago, as it is struggling to meet the conditions set for the given time frame. In a notification to the Pakistan Stock Exchange (PSX), Lucky Core Industries said that its wholly owned subsidiary Lucky Core Ventures (LCV) had terminated a share purchase agreement dated January 26, 2023 signed with Lotte Chemical Corporation to acquire 1.14 billion common shares of Lotte Chemical Pakistan, which constituted approximately 75.01% of the issued capital. “The conditions required for completion could not be met within

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