That's a key benchmark for Reverse Morris Trust tax reasons. It means that Warner Bros. Discovery is approaching the two-year anniversary of its 2022 merger. Media executives are worried, however, that President Joe Biden's administration could be hostile to a big media merger. The broader media industry is widely considered ripe for consolidation. Discovery shareholder and board member, appeared to indicate that the company was preparing to become a buyer within the next year or two. Last month, Zaslav and Liberty Media's John Malone, a Warner Bros. The company has since said its streaming business has become profitable while other streamers, outside of leader Netflix, try to reverse losses. Discovery, the result of a merger between Warner Media and Discovery, has been slashing costs and attacking its debt levels under Zaslav. Paramount, whose assets include its namesake movie studio as well as broadcast network CBS, is carrying a hefty debt load, as well. Recently, Redstone held talks with David Ellison's Skydance, which is backed by Gerry Cardinale's investment firm RedBird, according to people familiar with the matter. Redstone controls Paramount through her company National Amusements. Controlling shareholder Shari Redstone is reportedly eager to make a deal. The news comes as speculation about Paramount's future heats up. Discovery and Paramount declined to comment. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Subscribe to Morningstar Investor today.Best Debt Consolidation Loans for Bad Credit SOURCE Ping An of China Asset Management (Hong Kong) Company LimitedĮvaluate the market like an analyst. Combining our rigorous ESG analysis and a comprehensive ESG framework, we will continue to develop investment strategies that generate competitive returns while driving positive change." "The awards reflect our unwavering commitment to ESG principles and our dedication to delivering sustainable investment solutions. Albert Wang, Head of Capital Markets and CIO of PAAMC HK. "We are proud to be consistently recognized for our achievements in sustainability," said Mr. The Hong Kong International ESG Alliance is co-organized by the Ta Kung Wen Wei Media Group (TKWW), China Certification & Accreditation Group, Institute for China Business of the University of Hong Kong, and Peking University HSBC Finance Academy. The annual Hong Kong International ESG Ranking is launched by Hong Kong International ESG Alliance to recognize companies with multi-dimensional and balanced development in environmental protection, social responsibility and governance. As a pioneer embodying Ping An's ESG strategy in our overseas business, PAAMC HK adheres firmly to its commitment to embedding ESG principles at the core of its investment philosophy and practices. PAAMC HK also received the Best ESG Financial Service Provider at the 2023 Hong Kong International ESG Ranking, following the recent ESG Investing Award from the Chinese Edition of Bloomberg Businessweek. Judges evaluate the fund based on the alignment level with the EU's SFDR Article 8 and 9 regulatory technical standards for sustainable impact. The BENCHMARK Fund of the Year Awards - Sustainability Awards aims to assess the fund manager's ability to manage medium-to-long-term environmental, social, and governance (ESG) risks and opportunities. Earlier this year, the Fund also received "ESG Fixed Income Fund of the Year (Asia) " at Environmental Finance's Sustainable Investment Awards 2023. Launched in 2019, the Fund is one of the few Asia-focused green bond funds that has a track record longer than three years. Ping An of China Asset Management Fund - China Green Bond Fund (the "Fund"), was named the Best-in-Class Mutual Fund in the category of GSS (Green, Social and Sustainability) Bond, at the 2023 BENCHMARK Fund of the Year Awards. ("Ping An"), recently announced that it has earned recognitions and bagged two prestigious awards from the 2023 Benchmark Fund of the Year Awards and the 2023 Hong Kong International ESG (Environmental, Social, and Governance) Ranking. 19, 2023 /PRNewswire/ - Ping An of China Asset Management (Hong Kong) Company Limited ("PAAMC HK" or the "Company"), the offshore asset management arm of the Ping An Insurance (Group) Company of China, Ltd. PAAMC HK Clinches 2023 BENCHMARK and Hong Kong International ESG Ranking Awards
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