On this episode of Stock Movers:
- Paramount Skydance (PSKY) shares are up after Bloomberg News reported that Warner Bros Discovery is considering reopening sale talks following an amended offer by the CBS parent.
- Norwegian Cruise (NCLH) shares rise 6.1% in premarket trading after the Wall Street Journal reported that activist investor Elliott Investment Management has built a more than 10% stake in the cruise-ship company.
- Hapag-Lloyd AG is buying Israel’s Zim Integrated Shipping Services (ZIM) the German shipping company aims to grow in size and bolster its presence in Asia. The agreement for a cash deal at $35 a share, which is subject to regulatory approvals in Israel, values Zim at around $4.2 billion, Hapag-Lloyd said Monday. The purchase price represents a 58% premium over Zim’s stock at Friday’s close, the target said in a statement. As part of the deal, Hapag-Lloyd has a separate pact with Israeli financial investor FIMI Opportunity Funds, which will see the creation of an entity owning 16 of Zim’s ships, serving key trading routes into Israel.

Gemini Falls, Norwegian Cruise Lines Jumps, Danaher Drops on News It's Near a Masimo Deal
03:49

Danaher Agrees to Buy Masimo; Norwegian Cruise Shares Rise; Warner Bros. Reopens Deal Talks
04:57

Unilever Downgrade, Applied Nutrition Jumps, Boohoo Drops
04:43