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Paramount announced that it had sold a total of nine aircraft to two unnamed countries and that the first would be delivered immediately; the announcement was made at Africa Aerospace and Defence show on 21 September 2022. This marks the first sale of the aircraft and South Africa's first sale of a fixed-wing aircraft in 20 years. [22]
China's Tencent Holdings' investment in Skydance sparks concerns about foreign influence on U.S. media, the firm said. The group also said Paramount's CBS News division "has a troubling track ...
Skydance and its deal partners, RedBird Capital and KKR, would infuse Paramount with at least $1.5 billion in fresh capital to be used to pay down debt, and offer to purchase 40% of Paramount's ...
Paramount Group is a Global Aerospace & Defence group of companies operating in the global defence, internal security and peacekeeping industries. Established in South Africa in 1994, it offers a range of military aircraft, armoured vehicles, maritime systems, equipment and training to governments.
Paramount shares surged as much as 9% on the news. The resurrected deal will see Redstone receive a reduced consideration of $1.75 billion, according to a person familiar with the matter.
David Ellison is the founder and chief executive of Skydance Media. Skydance's bid for Paramount Global is nearly $2.5 billion higher than the increased bid from Edgar Bronfman Jr. (Evan Agostini ...
Originally designed by Paramount Group in South Africa as the AHRLAC, the Bronco II is a new aircraft designed from the outset for close air support, rather than being modified from an existing design, like its competitors. Despite the name "Bronco II," the aircraft is a new design, not a descendant of its namesake, the OV-10 Bronco. The Bronco ...
Redstone holds a 20% stake in National Amusements, Paramount's controlling shareholder, through two trusts in her name and is in line to receive about $350 million from its sale, the report said ...