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South32 to sell bulk of aluminium portfolio to Alcoa for up to $5.6 bln

By Melanie Burton and Shivangi LahiriAustralia's South32 ASX:S32 said on Wednesday it has agreed to sell most of its aluminium assets to Alcoa NYSE:AA for an implied enterprise value of up to $5.6 billion, as the diversified miner streamlines its business to focus on copper under a new CEO.For Alc…

Reuters en
corp_bondETFsStocks AUUS

EchoStar's Dish DBS, wireless units file for prepackaged bankruptcy

EchoStar's NASDAQ:ECHO satellite pay-TV unit Dish DBS and its wireless subsidiaries have filed for Chapter 11 bankruptcy protection, seeking court approval for a prepackaged restructuring plan.The move addresses impending debt maturities and facilitates the wind-down of Dish Wireless's 5G network o…

Reuters en
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dow-jones

Anghami Confirms Receipt of Going-Private Deal From OSN Streaming

By Stephen NakrosisMulti-media technology streaming platform Anghami said it received a going-private proposal from its controlling shareholder, OSN Streaming.The preliminary, non-binding proposal from Anghami's controlling shareholder proposes a purchase price of $3.39 a share in cash, Anghami add…

Dow Jones Newswires en
corp_bondStocks AE

Charter Bonds Jump as Comcast Breakup Fuels Deal Bets

Charter Communications NASDAQ:CHTR debt posted a sharp rally Monday as traders started pricing in the possibility that Comcast NASDAQ:CMCSA could eventually pursue a combination with the broadband company. The move came after Comcast announced plans to spin off its NBCUniversal and Sky media assets…

GuruFocus en
corp_bondStocks US
dow-jones

SEADRILL Ltd Files 8K - Entry Into Definitive Agreement >SDRL

SEADRILL Ltd (SDRL) filed a Form 8K - Entry Into a Definitive Agreement - with the U.S Securities and Exchange Commission on June 30, 2026.On June 30, 2026, Seadrill Finance Limited (the "Issuer"), a wholly owned subsidiary of Seadrill Limited (the "Company"), issued $700 million in aggregate princ…

Dow Jones Newswires en
corp_bondStocks US