Latest Corporate News News

📅December 12, 2025 at 1:00 PM
Major corporate developments dominate today's news, including Mars' $36B Kellanova acquisition completion, Netflix's $82.7B Warner Bros. bid amid rivalry, and a surge of HR tech mergers like Workday and Paychex deals.
1

Mars Completes $36 Billion Acquisition of Kellanova

Mars Incorporated finalized its $36 billion purchase of Kellanova on December 11, 2025, after receiving unconditional Phase II clearance from the European Commission on December 8.Source 4Source 5 The deal integrates Kellanova's brands like Pringles, Pop-Tarts, and Cheez-Its into Mars Snacking, enhancing its portfolio alongside M&Ms and Snickers.Source 5Source 6 Mars Snacking President Andrew Clarke called it a transformative moment for innovation and sustainability.Source 6

2

Workday Acquires Multiple AI Firms at Workday Rising 2025

Workday announced acquisitions of AI companies Sana, Paradox, HiredScore, FlowiseAI, and Evisort to enhance enterprise user experience.Source 2 CEO Carl Eschenbach stated the deals will change how users interact within the platform.Source 2 These moves bolster Workday's AI-driven HR capabilities amid 2025's active M&A in HR tech.Source 2

3

Paychex Acquires Paycor in $4.1 Billion Deal

Paychex bought HCM platform Paycor for $4.1 billion, combining to serve 790,000 customers.Source 2 CEO John Gibson highlighted enhancements in upmarket capabilities and AI-driven HR tech for long-term growth.Source 2 The acquisition broadens Paychex's suite of human capital management solutions.Source 2

4

Netflix Announces $82.7 Billion Acquisition of Warner Bros.

Netflix revealed plans to acquire Warner Bros. for $82.7 billion enterprise value ($72 billion equity) on December 5, 2025, with closure expected in Q3 2026.Source 7 The deal involves separating Warner Bros. Discovery's Global Networks into a new public company.Source 7 It has sparked outrage in Hollywood amid recent studio consolidations.Source 7

5

Paramount Launches Rival $108 Billion Bid for Warner Bros. Discovery

Paramount offered $108 billion ($30 per share) for Warner Bros. Discovery, topping Netflix's bid by $3 per share.Source 7 CEO David Ellison emphasized superior value and a quicker path to completion.Source 7 The all-cash public offer aims to give WBD shareholders better options.Source 7

6

Dayforce Goes Private in $12.3 Billion Deal with Thoma Bravo

HCM leader Dayforce agreed to be acquired by Thoma Bravo for $12.3 billion enterprise value, becoming privately held.Source 2 The deal promises accelerated growth, deeper customer impact, and HCM innovation.Source 2 It positions both firms strongly in the global human capital management landscape.Source 2

7

Atlassian Acquires The Browser Company for $610 Million

Software giant Atlassian, with $4.4 billion revenue, bought AI browser developer The Browser Company for $610 million.Source 2 The acquisition aims to deliver a browser optimized for knowledge work in the AI era.Source 2 It strengthens Atlassian's tools for enterprise productivity.Source 2

8

SAP Completes Acquisition of SmartRecruiters

SAP finalized its purchase of SmartRecruiters in October 2025, after announcing intent in August.Source 2 CEO Rebecca Carr said it builds the future of work beyond mere response.Source 2 The deal enhances SAP's recruitment and HR technology offerings.Source 2

9

Upwork Acquires Bubty and Ascen for Compliance Expansion

Upwork bought workplace management platform Bubty and EOR firm Ascen in August 2025.Source 2 These acquisitions improve compliance, scalability, and integration for large corporate clients.Source 2 They also expand services to independent contractors.Source 2

10

Enova Announces Agreement to Acquire Grasshopper Bank

Enova International reached a definitive agreement to acquire Grasshopper Bank on December 11, 2025.Source 8 The deal targets expansion in financial services for small businesses.Source 8 Details on valuation and closure timeline remain pending.Source 8

11

Bluerock Acquisition Corp. Prices $150 Million IPO

Bluerock Acquisition Corp., a SPAC, priced its $150 million initial public offering, set to close December 12, 2025.Source 11 Formed for mergers or acquisitions, it seeks business combination opportunities.Source 11 This positions it for potential corporate deals in the blank check space.Source 11