An investment group, Apex Capital Trust, has made a surprise bid for Paramount Global, the parent company of CBS and MTV. Apex, a conglomerate of financial institutions, values the offer at $43 billion, including debt. The bid was delivered to National Amusements Inc., the controlling family company, and a special committee of Paramount directors. Apex's interests include banking, cryptocurrency, and credit card processing.

An investment group that announced a surprise bid for Paramount Global, the parent of CBS and MTV, lists interests that range from banking to cryptocurrency and credit card processing.Apex Capital Trust, which describes itself as a conglomerate of financial institutions and a financial services provider, saidBloomberg Terminal Wednesday it delivered the offer to National Amusements Inc., the family company that controls Paramount. The offer, which Apex valued at $43 billion, including debt, was also sent to a special committee of Paramount directors, according to Apex.

Apex Capital Trust Bids $43 Billion for Paramount Global