Latest Corporate News News
Federal Reserve Poised for Third Consecutive Interest Rate Cut
Federal Reserve officials are expected to announce a third interest rate cut today, with the frontrunner for Fed Chair, Kevin Hassett, anticipating cuts larger than 25 basis points, signaling easing monetary policy to support economic growth.
SpaceX Plans Record-Breaking IPO in 2026
SpaceX is advancing plans for an initial public offering in 2026, aiming to raise over $30 billion with a valuation around $1.5 trillion. This would be the largest IPO in history, marking a significant milestone in the aerospace and private space exploration sector.
TechStar Completes De-SPAC Transaction with Seyond Holdings
TechStar Acquisition Corporation finalized its de-SPAC merger with Seyond Holdings, valued at approximately HKD 12.99 billion (~USD 1.67 billion). The deal includes over HKD 1 billion raised in private equity and marks a major SPAC transaction on the Hong Kong Stock Exchange in high-growth sectors including advanced driver assistance LiDAR technology.
Novo Nordisk Acquires Akero Therapeutics for $4.7 Billion
Novo Nordisk completed the acquisition of Akero Therapeutics, purchasing all shares for $54 per share cash, totaling $4.7 billion plus contingent value rights up to $0.5 billion tied to regulatory approvals for a key drug targeting compensated cirrhosis from MASH.
ProAmpac Agrees to Acquire TC Transcontinental Packaging for $1.51 Billion
Global packaging innovator ProAmpac signed a definitive agreement to acquire TC Transcontinental Packaging from TC Transcontinental in a deal valued at approximately $1.51 billion USD. The transaction is expected to close in early 2026 pending regulatory and shareholder approvals.
Home BancShares to Acquire Mountain Commerce Bank in $150 Million All-Stock Deal
Home BancShares announced a $150 million all-stock merger agreement to acquire Mountain Commerce Bancorp, expanding its footprint in strong Tennessee markets including Knoxville and Nashville. The deal aims to enhance Home BancShares’ presence in growing regional banking sectors.
Netflix Proposes $72 Billion Merger to Acquire Warner Bros. Discovery
Netflix unveiled plans to acquire Warner Bros. Discovery in a $72 billion deal, seeking to combine forces with the renowned studio and content producer. The acquisition awaits regulatory approval and could create a major player in the global entertainment and streaming market.
Mars Receives EU Approval to Acquire Kellanova
Mars obtained European Union regulatory clearance for its acquisition of Kellanova, merging two leading snacking companies with a combined $36 billion in revenue. The deal consolidates a vast portfolio of prominent food brands under Mars' control.},{