Try GOLD - Free
Kushner, Apollo, billionaire dad power hostile Warner Bros bid
Business Standard
|December 10, 2025
The US president’s son-in-law.
One of the largest alternative-asset managers. The CEO’s father who fleetingly commanded a fortune exceeding Elon Musk’s.Paramount Skydance Corp's hostile takeover bid Monday for Warner Bros Discovery Inc brought together an array of banks, billionaires and sovereign-wealth funds, all with the aim of torpedoing Netflix Inc’s deal last week.
Bank of America Corp, Citigroup Inc and Apollo Global Management Inc are providing the debt commitment, according to filings. RedBird Capital Partners and Larry Ellison — at one point this year the world’s richest person — will backstop the $40.7 billion of equity which will in part be provided by Saudi Arabia’s Public Investment Fund, the Qatar Investment Authority, Abu Dhabi’s Limad Holding Company PJSC and Jared Kushner’s (pictured) Affinity Partners.
This story is from the December 10, 2025 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
CG Power’s revival, Bachchan-style
The Insolvency and Bankruptcy Code (IBC) has been one of the defining legislation for the Indian corporate sector ever since it was enacted in 2016.
3 mins
January 08, 2026
Business Standard
Fall in nominal GVA also pulls down real farm growth
India’s gross value added (GVA) for agriculture and allied activities is expected to grow at a modest rate of 3.1 per cent in real terms in financial year 2025-26 (FY26), down from 4.6 per cent in the last financial year despite a good monsoon and strong crop production, largely due to base effect and indirect impact of sharp dip in the nominal growth rates of GVA.
1 mins
January 08, 2026
Business Standard
India gets its first fully paperless district court in Kerala's Wayanad
The judicial district of Kalpetta in Kerala’s Wayanad has marked a first for India by transitioning entirely to a paperless district court system, with all courts under its jurisdiction now functioning exclusively in digital mode.
1 mins
January 08, 2026
Business Standard
GLP-1 launches inject over 2x rise in India's weight-loss market sales in '25
Mounjaro tops revenue charts, recording ₹601 cr in sales within 9 months of launch
2 mins
January 08, 2026
Business Standard
US-sanctioned general to be Venezuela intel chief
The US has seized two sanctioned oil tankers linked to Venezuela in back-to-back actions in the North Atlantic and the Caribbean, officials said Wednesday.
1 mins
January 08, 2026
Business Standard
PVs led EV retail sales in CY25, e2Ws remained in growth lane
Electric vehicle (EV) retail in India posted a strong performance in calendar year 2025 (CY25), with both passenger vehicles and two-wheelers recording healthy growth, although the underlying trends reveal sharp shifts in market leadership and competitive intensity across segments.
1 mins
January 08, 2026
Business Standard
Gold, silver ETF assets jumped 4x in 2025, touched ₹2 trillion
‘The combined assets under management (AUM) of gold and silver exchange-traded funds (ETFs) crossed ₹2 trillion in December 2025, with assets doubling in just four months, driven by record inflows and a sustained raily in precious metal prices.
2 mins
January 08, 2026
Business Standard
Bangladesh interested in procuring JF-17 fighter jets: Pak
Bangladesh has expressed a “potential interest” in procuring JF-17 Thunder fighter aircraft from Pakistan, the military said on Wednesday.
1 min
January 08, 2026
Business Standard
Rare earth sector may have low-to-medium indigenisation feasibility
CEA also flags low to medium feasibility for indigenising battery cells & cathode materials and solar wafers & cells
3 mins
January 08, 2026
Business Standard
Silver’s breakout drags gold-silver ratio to lowest in over a decade
Electronics and solar demands reshape the precious metals trade
2 mins
January 08, 2026
Listen
Translate
Change font size