Markets

Repsol gasolina

Government plans to intervene in Repsol, Moeve and BP prices if necessary in light of impact of Persian Gulf conflict

Banco Sabadell | In an interview with TVE yesterday, the Minister of Economy, Carlos Cuerpo, stated that the government will be monitoring fuel prices due to the potential impact of rising oil and gas prices in light of the conflict in the Persian Gulf, as price increases are passed on very quickly and decreases very slowly. Carlos Cuerpo referred to the war in Ukraine, saying that they would be prepared…

Read More

warnerbros

Paramount Skydance launches bid for Warner Bros exceeding Netflix’s offer: at $30 per share, valuation is $108.4 billion against $82.7 billion

Bankinter | Paramount Skydance launches a takeover bid for Warner Bros at $30.0 per share. The payment would be made in cash and represents a premium of 139% based on the share price prior to the news of a possible purchase of the company. It therefore exceeds the offer from NETFLIX (£96.79; -3.44), which is offering £27.75 per share in a combination of cash and shares. Overall, Paramount’s offer values…