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...An all-cash $26bn bid by Apollo for Paramount was rejected recently, and since then four members of the Paramount board have withdrawn their names for re-election in June....
...The offer, which includes $2bn in cash to common shareholders, came as Paramount chief executive Bob Bakish resigned on Monday, raising new questions about the future of the Hollywood group behind The Godfather...
...Paramount recently rejected Apollo’s $26bn all-cash offer, and four members of the Paramount board have since withdrawn their names for re-election in June....
...The Crown Prosecution Service said on Monday it had authorised charges against Christopher Cash, 29, from Whitechapel in east London, and Christopher Berry, 32, from Witney in Oxfordshire....
...Regulatory threats will not abate anytime soon, though, with management warning last month that cash profits could be hit by £40mn this year because of new UK stake caps on online slot games and deposit...
...The electricals retailer has made a “strategic pivot to profit and cash” and Mike Ashley’s Frasers has increased its stake in the business to 25 per cent....
...Net cash before lease liabilities climbed 14 per cent to £668mn....
...Apollo previously submitted a takeover bid of more than $26bn, which would have given shareholders a large cash premium to Paramount’s trading price, but it was rebuffed....
...able to tap EU funds, including the €5bn a year European Peace Facility agreed on Wednesday, for joint development and procurement of weapons systems, but it needs the approval of member states and the cash...
...He confirmed that Christopher Cash, 29, and Christopher Berry, 32, “will be charged with providing prejudicial information to a foreign state, China”....
...He has also announced a host of initiatives aimed at pleasing investors: raising Disney’s target for free cash flow, announcing a $1.5bn investment in Epic Games, promising steep cost cuts and declaring...
...“I’m not in a position this year to give very specific Ebitda or cash conversion guidance,” said Gunnar Wiedenfels, chief financial officer, in a call with investors....
...Both firms believe an uptick in activity is likely this year, if only because private equity fund managers are under pressure to return cash to investors....
...Polish authorities confirmed they had carried out raids and seized tens of thousands of euros and dollars in cash in Warsaw and another Polish city on Wednesday as part of the operation....
...However, overall revenue growth was below expectations and an adjusted cash profit figure of £30mn was at the bottom of its guided range....
...However, while adjusted cash profits grew by almost a quarter against the previous year, its margin remains below pre-pandemic levels....
...Christophers writes that their snub of wind and solar, at a time when companies such as BP and Shell had promised a strategic pivot and had the cash reserves to pull it off, may be the best evidence of renewables...
...BUY: Kitwave (KITW) Acquisitions and organic growth were behind the robust performance, writes Christopher Akers....
...Liberum analyst Yuen Low forecasts a 90 per cent cash profit rebound in 2024, to $56mn....
...Disney will also have an opportunity to cash in on Taylor Swift mania, as its flagship streaming service gains the exclusive streaming rights to her Eras Tour movie starting on March 15....
...Meanwhile, cash inflow from operating activities was nearly $21mn, which is certainly better than 2022’s cash outflow of $2.7mn....
...It now forecasts that ex-US cash profits will come in at the bottom of its previous guidance range, while US revenue and cash profits are expected to sit in the middle of prior ranges....
...HOLD: InterContinental Hotels Group’s (IHG) The company launched a new share buyback programme and raised its dividend as leisure travel demand remains strong, writes Christopher Akers....
...Judging by the queue stretching round the block to get in, the ringing cash tills will also be reprised. The action is set in 1992....
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