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Paramount has upped the ante in its hostile takeover bid for Warner Bros. Discovery, announcing Monday that Oracle founder Larry Ellison will personally guarantee over $40 billion. The announcement comes after the Warner Bros. board of directors has rejected Paramount’s bid multiple times, opting instead to go with an offer from Netflix, which WBD, the parent company of CNN, says is more valuable. CNN's David Goldman reports. #cnn #news #hbo #netflix #paramount #larryellison
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Senior Minister of State for Finance Jeffrey Siow said that Temasek’s recent performance was affected by the Chinese market, but this was mitigated by higher returns from its growing investments in Europe and the U.S. Over the long term, Temasek has still delivered an 8% per annum total shareholder return in US dollar terms over the past 20 years and GIC has achieved a real return of 3.8% per annum over the last 20 years. #singapore #parliament #Temasek #gic #sgnews
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