Paramount Makes $77.9 Billion Hostile Bid for Warner After Netflix Struck Deal
The offer comes days after the entertainment company reached a $72 billion deal with streaming giant Netflix.
----
Berkshire's Geico Boss Todd Combs Leaves for JPMorgan Ahead of Buffett Retirement
A top lieutenant is departing for a role at JPMorgan Chase as Greg Abel takes over as CEO, and CFO Marc Hamburg will step down from his role in June.
----
IBM Strikes $11 Billion Deal for Confluent
Confluent shares surged more than 25% in premarket trading Monday, while IBM's stock fell slightly.
----
Magnum Ice Cream Hits $9 Billion Market Capitalization on Trading Debut
Shares opened slightly higher than their initial pricing on Amsterdam's Euronext, before retreating.
----
Meta to Give EU Users Choice on Personalized Ads to Appease Regulators
The commitment comes days after the EU opened an antitrust investigation into Meta's rules governing AI developers' access to WhatsApp.
----
L'Oreal Doubles Stake in Swiss Skincare Company Galderma
Financial terms weren't disclosed, but the package of about 24 million Galderma shares would be valued at $4.85 billion based on Friday's closing price.
----
BNP Paribas Increases Stake in Belgian Insurer Ageas as Part of $3.5 Billion Deal
The move is part of a two-pronged deal which will see BNP Paribas sell its 25% stake in AG Insurance to Ageas.
----
Prudential PLC Shares Rise After India JV Files for IPO Prospectus
As part of the IPO, a Prudential subsidiary is selling 9.9% of its stock in ICICI Prudential.
----
Kloeckner & Co Shares Rise on Takeover Talks With Worthington Steel
The German metals company said Worthington Steel is conducting a due diligence review, though it remains unclear if an offer will be made.
----
TKMS Sales, Earnings Rise Fueled By Defense Spending
Sales grew 9% as Europe ramps up procurement of submarines and warships.
----
Repsol, HitecVision to Merge JV With TotalEnergies UK's Upstream Business
TotalEnergies UK acquires a 47.5% stake in Neo Next Energy under the deal.
----
Amazon Leads $81 Million Financing for Battery Startup Blue Current
The investment in Blue Current-which makes solid-state batteries as opposed to the combustible lithium-ion variety-comes as Amazon expands its electric van fleet.
(END) Dow Jones Newswires
December 08, 2025 13:00 ET (18:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.