Key deals this week: Paramount Skydance, PotlatchDeltic, Brighthouse Financial, Papa John's and more

Here's a list of key deals reported across sectors this week:

* Paramount Skydance (NASDAQ:PSKY [https://seekingalpha.com/symbol/PSKY]) is preparing a second bid [https://seekingalpha.com/news/4503595-paramount-skydance-preparing-second-bid-for-warner-bros-discovery-report] for Warner Bros. Discovery after its initial bid was rejected, according to a _Los Angeles Times_ report on Sunday.
* PotlatchDeltic (NASDAQ:PCH [https://seekingalpha.com/symbol/PCH]) jumped in premarket trading on Tuesday following a report [https://seekingalpha.com/news/4503775-potlatchdeltic-surges-on-wsj-report-of-7b-merger-talks-with-rayonier] that the forest products company was nearing a merger with Rayonier (NYSE:RYN [https://seekingalpha.com/symbol/RYN]) in a deal valued at over $7 billion.
* Singapore-listed conglomerate Jardine Matheson (OTCPK:JMHLY [https://seekingalpha.com/symbol/JMHLY]) announced [https://seekingalpha.com/news/4505155-jardine-matheson-to-fully-acquire-mandarin-oriental-in-42b-deal] on Friday that it will acquire the remaining 11.96% stake in Mandarin Oriental (OTCPK:MAORF [https://seekingalpha.com/symbol/MAORF]) that it does not already own, in a deal that values the luxury hotel group at about $4.2 billion.
* Brighthouse Financial (NASDAQ:BHF [https://seekingalpha.com/symbol/BHF]) is in talks with Sixth Street for a sale [https://seekingalpha.com/news/4504923-brighthouse-financial-in-talks-with-sixth-street-for-55-share-sale-report] for ~$55 a share. Brighthouse fell 1.2%.
* Commercial Metals (NYSE:CMC [https://seekingalpha.com/symbol/CMC]) said Thursday it agreed [https://seekingalpha.com/news/4504748-commercial-metals-to-buy-foley-products-in-1_84b-deal] to acquire Foley Products, the leading supplier of precast concrete solutions in the southeast U.S., for $1.84 billion in cash.
* Papa John's (NASDAQ:PZZA [https://seekingalpha.com/symbol/PZZA]) rose 12% in premarket trading after a report [https://seekingalpha.com/news/4504242-papa-johns-jumps-after-report-of-64-a-share-bid-from-apollo] that Apollo Global (NYSE:APO [https://seekingalpha.com/symbol/APO]) submitted a takeover bid in the last week for $64 a share.
* S&P Global (NYSE:SPGI [https://seekingalpha.com/symbol/SPGI]) has entered into an agreement with a group led by majority investor private investment firm Motive Partners to acquire [https://seekingalpha.com/news/4504230-sp-global-to-buy-with-intelligence-for-18b] With Intelligence for $1.8 billion.
* Raymond James Financial (NYSE:RJF [https://seekingalpha.com/symbol/RJF]) agreed to acquire a majority stake [https://seekingalpha.com/news/4503931-raymond-james-to-acquire-boutique-investment-bank-greensledge] in GreensLedge Holdings, a boutique investment with a focus on structured credit and securitization, the company said on Tuesday. Terms of the deal weren't disclosed.
* BioCryst Pharmaceuticals (NASDAQ:BCRX [https://seekingalpha.com/symbol/BCRX]) has agreed to acquire [https://seekingalpha.com/news/4503821-biocryst-to-buy-astria-therapeutics-for-13-per-share] biopharmaceutical firm Astria Therapeutics (NASDAQ:ATXS [https://seekingalpha.com/symbol/ATXS]) for a mix of cash and stock representing an implied value of $13.00 per Astria share, and around $700 million in enterprise value.

MORE ON M&A TICKERS, ETC.

* Brighthouse Financial: Undervalued Insurer Poised For A Rebound [https://seekingalpha.com/article/4830690-brighthouse-financial-undervalued-insurer-poised-for-a-rebound]
* Commercial Metals Company 2025 Q4 - Results - Earnings Call Presentation [https://seekingalpha.com/article/4830626-commercial-metals-company-2025-q4-results-earnings-call-presentation]
* Commercial Metals Company (CMC) Q4 2025 Earnings Call Transcript [https://seekingalpha.com/article/4830533-commercial-metals-company-cmc-q4-2025-earnings-call-transcript]
* Paramount Skydance reportedly speeding up mass layoffs [https://seekingalpha.com/news/4505431-paramount-skydance-speeding-mass-layoffs]
* Commercial Metals raised to Buy at Citi on 'transformational' acquisition [https://seekingalpha.com/news/4505310-commercial-metals-raised-to-buy-at-citi-on-transformational-acquisition]