Entertainment | inves4: Indian Equity Investing

Netflix CEO rejects Paramount’s $108 billion offer for Warner Bros. amid Larry Ellison’s backing — Here’s why

Global media giant Netflix’s Chief Executive Officer (CEO) Greg Peters rejected Paramount Skydance’s $108 billion bid to acquire Warner Bros. Discovery (WBD), calling out that the offer being backed by Oracle co-founder Larry Ellison, who is set to fund $40.4 billion in equity financing, reported the news portal Financial Times (FT). Netflix’s CEO said that … Read more

Blackstone, Temasek submit bids for Diageo stake in RCB

Blackstone Inc. and Temasek Holdings Pte are among the early bidders for control of Royal Challengers Bengaluru (RCB), two people familiar with the matter said. Diageo, which owns RCB’s parent United Spirits Ltd (USL), had begun the sale process of the IPL champion franchise in November. The private equity (PE) heavyweights have submitted non-binding bids, … Read more