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(Bloomberg) -- Emirates Telecommunications Group, the biggest phone operator in the United Arab Emirates, ended talks for a controlling stake in Saudi Arabia’s Mobily.Most Read from BloombergThe Late-Night Email to Tim Cook That Set the Apple Watch Saga in MotionBridgewater CEO’s Past Office Romance Led to Favoritism ClaimsL’Oreal Heir Francoise Bettencourt Meyers Becomes First Woman With $100 Billion FortuneMaine Bars Trump From State’s 2024 Presidential Primary BallotChinese Carmaker Overtakes

Paramount has long been viewed as a potential acquisition target.

Cheetah Mobile Inc. ("Cheetah Mobile" or the "Company"), a leading internet company, today announced that the Company, through two of its wholly-owned subsidiaries, has acquired an aggregate of 35.17% equity interest of Beijing OrionStar Technology...

(Bloomberg) -- It took just a few hours for Prime Minister Giorgia Meloni to kick off the sale of a $1 billion stake in Banca Monte Paschi di Siena SpA which had been years in the works.Most Read from BloombergCitigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringNearly All of OpenAI Staff Threaten to Go to Microsoft If Board Doesn’t QuitThe Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAIOpenAI in ‘Intense Discussions’ to Quell Potential Staff MutinyMicrosoft Ends Weeke

It is understood Bill Foley has held initial talks over making a non-controlling investment.