Claro completes acquisition of 72.8% stake in Brazilian fibre operator Desktop - Developing Telecoms

Carlos Slim Helú, Mexico’s richest man, said the Pemex crisis is Mexico’s main problem. He cited falling output, limited investment and about $85bn in debt. Pemex reportedly ended 2025 with ~$2.5bn losses, while the government provides a bailout. Slim also backed Sheinbaum’s economic management, criticized Moody’s sovereign downgrade, and said $5bn in investments are planned, arguing output could rise by ~800,000 bpd with new investment.

IHS Holding’s board backed MTN Group’s plan to take the telecom tower operator private, according to an SEC Schedule 13E-3 filing. Shareholders will vote at an EGM in London later this year on a $2.2 billion deal to buy all outstanding IHS shares for $8.50 cash each. If approved, IHS will be delisted from the NYSE. MTN affiliates and Oranje-Nassau Développement have support totaling over 40% of votes.

Paramount Skydance, formed from the merger of Paramount Skydance and Warner Bros. Discovery, plans to bundle HBO Max and Paramount+ first, then merge them into a single app. Executives did not discuss Discovery+ or its future. The company has already integrated technology platforms of Paramount+, BET+, and Pluto TV, with consolidation expected to complete within a year. The combined services have over 200 million global subscribers.

SFL Corporation (NYSE: SFL) agreed to sell seven tankers to Trafigura, including four LR2 and three suezmax vessels, for an estimated $275m net cash. The sale, set for 2026-2027, yields a $175m book gain. SFL plans to reinvest proceeds.

Ariel Investments, a major Mattel shareholder, is pushing for a potential sale, according to CNBC. Authentic Brands has expressed takeover interest, valuing Mattel at over $6 billion. Mattel's stock is currently at $15.93, with a market cap of $4.4 billion. Analysts have mixed views, with an average price target of $18. Mattel has bought back $1.5 billion in stock since 2023.

David Ellison and family invested $17 billion in Warner Bros. Discovery's acquisition by Paramount Global, subscribing to 1.4 billion shares at $12 each. The merged entity is now Skydance Corp, but its stock has fallen 9% since the merger. The $110 billion deal includes $47 billion in equity from various investors.