Latest Corporate News News
Crescent Energy wins shareholder approval to acquire Vital Energy for $3.1 billion
Vital Energy shareholders approved a $3.1 billion merger with Crescent Energy, creating a top‑10 independent U.S. oil and gas producer with combined operations in the Eagle Ford, Permian and Uinta basins; the companies expect the deal to close December 15, 2025 and will file final vote results on a Form 8‑K with the SEC.
IBM announces $11 billion acquisition of Confluent
IBM agreed to buy Confluent for $31 per share in an $11 billion deal aimed at accelerating enterprise data streaming and generative AI capabilities; the transaction has board approval and awaits minority shareholder and regulatory approvals, with close expected mid‑2026.
Alexander & Baldwin to go private in $2.3 billion merger led by Blackstone/DivcoWest
Alexander & Baldwin entered a definitive agreement to be acquired for $21.20 per share in an all‑cash transaction valued at approximately $2.3 billion by a joint venture including Blackstone and DivcoWest; the transaction was unanimously approved by the board and is expected to close in Q1 2026 subject to customary conditions.
iRobot to be acquired by secured lender and supplier via Chapter 11 process
iRobot announced a restructuring support agreement under which its secured lender and primary contract manufacturer, Picea, will acquire the company through a court‑supervised Chapter 11 process; the deal is presented as a strategic transaction to support iRobot's long‑term plan and operations.
Equinox Gold sells Brazil operations for ~$1.015 billion to focus on North American growth
Equinox Gold announced the sale of its Brazilian operations for total consideration of $1.015 billion (cash plus contingent payments) following its merger with Calibre, positioning the company to self‑fund near‑term North American growth and reduce debt exposure.
Fortescue to acquire Alta Copper (court approval pending)
Fortescue announced a proposed acquisition of Alta Copper at C$1.40 per share, with transactional steps subject to court approval and customary shareholder meeting procedures and record dates.
Pollock Company acquires ATG Communications in strategic M&A move
Pollock Company completed the acquisition of ATG Communications as part of a strategic expansion in its service and contract capabilities within the Atlanta market, reflecting continued regional consolidation in business services and telecom support.
Alexander & Baldwin declares Q4 dividend while preparing for buyout
Concurrent with the sale announcement, Alexander & Baldwin’s board approved a Q4 2025 dividend of $0.35 per share payable January 8, 2026 to shareholders of record Dec. 19, 2025, while the company proceeds with the planned privatization.
Vital/Crescent deal expected to target investment‑grade credit rating and free cash flow growth
Crescent and Vital management said the merger will be accretive and strengthen Crescent’s trajectory toward an investment‑grade credit rating, enhancing scale and capacity to generate substantial free cash flow across key U.S. basins.
Market reacts to tech M&A and AI optimism amid macro uncertainty
AI‑driven optimism continues to support equity markets even as macroeconomic concerns persist; industry commentary notes that AI adoption has masked economic volatility in 2025 and is influencing M&A valuations, particularly in tech and data companies.