JB Hi-Fi returns $250M | Crown recommends $8.9B takeover | Binance invests $200M into Forbes after suing it - podcast episode cover

JB Hi-Fi returns $250M | Crown recommends $8.9B takeover | Binance invests $200M into Forbes after suing it

Feb 14, 20226 min
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Episode description

JB Hi-Fi says it will return $250 million back to shareholders via an off-market buyback - after sales climbed 4.3% in Jan.

 

The Crown Resorts board has recommended that shareholders accept the company’s $8.9 billion takeover offer from US private equity firm Blackstone.

 

Giant crypto exchange Binance has invested US$200 million into business publication Forbes - just two years after suing it for defamation.

 

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JB Hi-Fi returns $250M | Crown recommends $8.9B takeover | Binance invests $200M into Forbes after suing it | What the Flux podcast - Listen or read transcript on Metacast