Latest Corporate News News
The Baldwin Group and CAC Complete $1.03bn Merger
The Baldwin Group, an independent insurance brokerage, and CAC Group have finalized their merger with $1.026 billion upfront consideration, creating a major U.S. insurance platform projected to generate over $2 billion in gross revenue and $470 million adjusted EBITDA in 2026. The deal combines CAC’s specialty expertise in areas like natural resources and cyber with Baldwin’s distribution, enhancing reinsurance and technology operations
. It includes performance-based earnouts up to $250 million and is expected to be accretive
.
PROG Holdings Completes $420m Acquisition of Purchasing Power
PROG Holdings has acquired Purchasing Power for $420 million in cash to bolster its flexible payment solutions, adding access to 70,000 financial wellness products for seven million U.S. employees. Purchasing Power will integrate with brands like Progressive Leasing and Four Technologies, expanding offerings in electronics, travel, and more via employer partnerships
. CEO Steve Michaels highlighted diversification in financial health services for near- and sub-prime markets
.
Cozen O'Connor Finalizes Merger with Moss & Barnett
Am Law 100 firm Cozen O'Connor has merged with Minneapolis-based Moss & Barnett, adding over 50 attorneys and expanding to 1,000+ lawyers across 35 offices. The move strengthens Midwest presence in transactional, regulatory, real estate, and financial practices in the Twin Cities, a Fortune 500 hub
. Key partners like Michael J. Heller and Timothy L. Gustin join to deepen client services
.
SHINE Completes Acquisition of Lantheus' SPECT Business
SHINE Technologies has acquired Lantheus' SPECT business, including a Billerica facility and radiopharmaceutical portfolio, boosting its nuclear medicine leadership in a $19 billion market. The deal adds manufacturing expertise and revenue scale, with Michael Rossi appointed CEO of SHINE SPECT USA
. Founder Greg Piefer emphasized modernizing the supply chain for diagnostics and therapeutics
.
Metal Sky Star Shareholders Approve One-Year SPAC Extension
Metal Sky Star Acquisition Corporation (MSSAF) shareholders approved extending its business combination deadline from January 5, 2026, to January 5, 2027, via up to 12 one-month extensions with waived fees. This provides more time to complete a merger or acquisition
. The approval supports ongoing SPAC operations
.
WiseTech Global to Divest Logistics Software Company
WiseTech Global plans to divest Expedient, a logistics software firm acquired via e2open in August 2025, following an Australian Competition and Consumer Commission probe. The divestiture addresses regulatory concerns over the acquisition
. Details on the buyer and terms remain pending
.
BasePoint Capital Acquires International Personal Finance for ÂŁ543m
BasePoint Capital is acquiring International Personal Finance in a ÂŁ543 million recommended cash deal, advised by White & Case. The transaction targets expansion in personal finance services
. Completion details are forthcoming
.
ServiceNow in $7B Deal with Armis
ServiceNow has agreed to a $7 billion acquisition of Armis, signaling major cybersecurity and enterprise software consolidation. The deal highlights trends in health system tech integrations
. Implications for 2026 include further M&A waves
.
Investors Assess Fallout from Maduro's Ouster
Investors are evaluating impacts from Venezuelan President Maduro's ouster on global markets, as discussed in Bloomberg's Asia Trade. Related U.S.-China tensions arise over Venezuela strikes
. Corporate exposure in energy and trade sectors is under review
.
2026 Predictions: Multi-Billion Dollar Health System Mergers
Experts forecast a wave of multi-billion dollar mergers in health systems for 2026 amid rural hospital challenges. The ServiceNow-Armis deal exemplifies tech-healthcare convergence
. Broader M&A activity expected to accelerate
.