Paramount Global Considers Potential Acquisition of Skydance for $5 BillionA major media corporation is seemingly considering the acquisition of an independent studio. The Wall Street Journal reported on the 6th that Paramount is poised to acquire Skydance for approximately $5 billion. Reuters reported that Paramount’s board members have opted for exclusive merger negotiations with the independent studio Skydance Media rather than a $26 billion […]
U.S. States Rally Against Chinese Land Purchases: What's Behind the Backlash?Most states in the U.S. are pushing for an act on restrictions on foreigners’ land purchases targeting Chinese individuals and companies. Over two-thirds of the 50 states are projected to join the sanctions once the legislation is finalized this year. Politico says about 20 states are pushing for new laws or amending existing ones to restrict […]
Swiss Banking Giant UBS to Buy Back $20 Billion of Its SharesSwiss bank UBS has announced a buyback of its shares. On the 2nd (local time), UBS announced that it would start a new buyback program of up to $2 billion and plans to complete up to half by 2024. UBS revealed that it had already bought back nearly 1.2 billion Swiss francs ($1.32 billion) worth […]
South Korea's Counter-Artillery Detection Now Fully Operational Against North Korean ThreatsEnhances deterrence surveillance capabilities against North Korea The Counter-Artillery Detection Radar-II was fully deployed across the military on the 29th. / Provided by the DAPA The combat deployment of the Counter-Artillery Detection Radar-II, developed by LIG Nex1 to detect North Korea’s long-range artillery threats early on, has been completed. The Defense Acquisition Program Administration (DAPA: […]
Callaway: 'There Have Been No Discussions of Acquisition'“Korean company’s acquisition rumor is out of the question. There will be no response in the future.”Callaway’s sales are strong, revenue increased 7% year-over-year Callaway has officially stated that there were “no discussions” about the acquisition from a Korean company. This comes as a rare official denial in response to reports that a Korean Strategic […]
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Paramount Global Considers Potential Acquisition of Skydance for $5 Billion A major media corporation is seemingly considering the acquisition of an independent studio. The Wall Street Journal reported on the 6th that Paramount is poised to acquire Skydance for approximately $5 billion. Reuters reported that Paramount’s board members have opted for exclusive merger negotiations with the independent studio Skydance Media rather than a $26 billion […]
U.S. States Rally Against Chinese Land Purchases: What's Behind the Backlash? Most states in the U.S. are pushing for an act on restrictions on foreigners’ land purchases targeting Chinese individuals and companies. Over two-thirds of the 50 states are projected to join the sanctions once the legislation is finalized this year. Politico says about 20 states are pushing for new laws or amending existing ones to restrict […]
Swiss Banking Giant UBS to Buy Back $20 Billion of Its Shares Swiss bank UBS has announced a buyback of its shares. On the 2nd (local time), UBS announced that it would start a new buyback program of up to $2 billion and plans to complete up to half by 2024. UBS revealed that it had already bought back nearly 1.2 billion Swiss francs ($1.32 billion) worth […]
South Korea's Counter-Artillery Detection Now Fully Operational Against North Korean Threats Enhances deterrence surveillance capabilities against North Korea The Counter-Artillery Detection Radar-II was fully deployed across the military on the 29th. / Provided by the DAPA The combat deployment of the Counter-Artillery Detection Radar-II, developed by LIG Nex1 to detect North Korea’s long-range artillery threats early on, has been completed. The Defense Acquisition Program Administration (DAPA: […]
Callaway: 'There Have Been No Discussions of Acquisition' “Korean company’s acquisition rumor is out of the question. There will be no response in the future.”Callaway’s sales are strong, revenue increased 7% year-over-year Callaway has officially stated that there were “no discussions” about the acquisition from a Korean company. This comes as a rare official denial in response to reports that a Korean Strategic […]
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