Today’s headlines: Anti-Dynasty Law, Janet Napoles, Lando Norris | The wRapToday’s headlines: Anti-Dynasty Law, Janet Napoles, Lando Norris | The wRap

Vico Sotto, coalition push for passage of Anti-Dynasty Law | The wRap

2025/12/08 23:01

Here are today’s headlines – the latest news in the Philippines and around the world:

  • Dynasts vs dynasties: Vico Sotto, coalition push for anti-dynasty law

Reform-minded members of dynasties, academics, public servants including Pasig City Mayor Vico Sotto, and other citizens have launched a network pushing for the passage of an anti-dynasty law.

  • Napoles sentenced to 2 more reclusion perpetua; 5 co-accused convicted

The Sandiganbayan has found Janet Lim Napoles guilty in another pork barrel case and sentenced her to two more terms of reclusion perpetua.

  • Filipino who reported medical neglect in ICE facility to be deported from US

A Filipino who reported months of medical neglect while under detention in an ICE facility, will soon be deported back to the Philippines.

  • Thailand launches air strikes at Cambodia as border tensions reignite

Thailand launches air strikes along its disputed border with Cambodia on Monday, December 8. This, after both countries accused the other of breaching a ceasefire agreement brokered by U.S. President Donald Trump.

  • Tearful Norris takes F1 title even as Verstappen wins season-ending race in Abu Dhabi

McLaren’s Lando Norris cries tears of joy and relief as he wins the Formula One championship for the very first time. —Rappler.com

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Paramount Skydance launches hostile bid for WBD after Netflix deal

Paramount Skydance launches hostile bid for WBD after Netflix deal

The post Paramount Skydance launches hostile bid for WBD after Netflix deal appeared on BitcoinEthereumNews.com. Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a monthslong bidding war for the legacy assets, the company said Monday. Paramount will go straight to WBD shareholders with an all-cash, $30 per share offer. That’s the same bid WBD rejected last week and equates to an enterprise value of $108.4 billion. The offer is backstopped with equity financing from the Ellison family and the private equity firm RedBird Capital as well as $54 billion in debt commitments from Bank of America, Citi and Apollo Global Management, Paramount said in a news release. A portion of the equity financing comes from outside Middle Eastern financing partners including Saudi Arabia’s Public Investment Fund, Abu Dhabi’s L’imad Holding Company PJSC, and the Qatar Investment Authority. Another portion derives from Jared Kushner’s Affinity Partners. Kushner is U.S. President Donald Trump’s son-in-law. Those partners have agreed to “forgo any governance rights,” including board seats, as part of their non-voting equity investment, according to a Paramount filing. The modifications allow the deal to be outside of the jurisdiction of the Committee on Foreign Investment in the U.S., or CFIUS. Shares of Paramount were 7% higher in morning trading Monday. Warner Bros. Discovery’s shares were up about 5% while Netflix was down more than 4%. “We’re really here to finish what we started,” Paramount Skydance CEO David Ellison told CNBC’s “Squawk on the Street” on Monday. “We put the company in play.” Paramount Skydance began its hunt for Warner Bros. Discovery in September, submitting three bids before WBD launched a formal sale process that ultimately brought in other suitors. On Friday, Netflix announced a deal to acquire WBD’s studio and streaming assets for a combination of cash and stock, valued at $27.75 per WBD share, or $72 billion. Paramount had been…
Share
BitcoinEthereumNews2025/12/09 01:26