Paramount Global shares rise as major shareholder gets $125 million investment deal

France Nouvelles Nouvelles

Paramount Global shares rise as major shareholder gets $125 million investment deal
France Dernières Nouvelles,France Actualités

Shares of Paramount Global rose by more than 6% on Friday after its controlling shareholder, media mogul Shari Redstone's National Amusements Inc, announced it had received a $125 million investment from a private equity firm.

  • 📰 Reuters
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Toy figures of people are seen in front of the displayed Paramount + logo, in this illustration taken January 20, 2022. REUTERS/Dado Ruvic/Illustration/rose by more than 6% on Friday after its controlling shareholder, media mogul Shari Redstone's National Amusements Inc, announced it had received a $125 million investment from a private equity firm.

"The bull case is that the financial pressure will force PARA [Paramount Global] to find a buyer and shareholders will achieve private market value," Loop Capital analysts said as they upgraded the stock to "hold" from "sell".

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Reuters /  🏆 2. in FR
 

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Shari Redstone’s National Amusements Receives $125 Million Investment From BDT Capital PartnersShari Redstone’s National Amusements Receives $125 Million Investment From BDT Capital PartnersNational Amusements, the parent company of Paramount Global, has received a $125 million investment from BDT & MSD Partners, an investment firm that specializes in supporting family-controlled …
Lire la suite »

Shari Redstone’s National Amusements, Paramount Global’s Controlling Shareholder, Gets $125M Investment From BDT Capital PartnersShari Redstone’s National Amusements, Paramount Global’s Controlling Shareholder, Gets $125M Investment From BDT Capital PartnersNational Amusements, the controlling shareholder of Paramount Global run by Shari Redstone, has received a $125 million preferred equity investment from BDT Capital Partners. BDT is an affiliate of…
Lire la suite »



Render Time: 2025-01-12 20:49:59