Latest Corporate News News
General Fusion to Go Public via SPAC Merger
General Fusion announced a business combination with Spring Valley Acquisition Corp. III, valuing the company at ~US$1 billion pro-forma, including US$105M PIPE and US$230M trust capital. The deal, expected mid-2026, will list on Nasdaq as GFUZ, marking the first publicly traded pure-play fusion company.
Kimberly-Clark Acquires Kenvue in $48.7B Deal
Kimberly-Clark (KMB) is acquiring Kenvue (KVUE) for $48.7 billion, advancing through regulatory stages as of January 22, 2026. The merger creates a 'total life care' conglomerate adding brands like Tylenol and Neutrogena to KMB's portfolio.
ATB Financial Names Chris Turchansky as Next CEO
ATB Financial's board selected Chris Turchansky as the organization's next president and CEO. This leadership change is part of week-ending January 23 updates in people and companies news.
RBC Global Asset Management Appoints Stu Kedwell as Global CIO
Stu Kedwell will become global chief investment officer at RBC Global Asset Management in January, replacing retiring Dan Chornous after nearly 30 years with RBC.
Empire Company Limited Appoints Pierre St-Laurent as President and CEO
Empire Company Limited named Pierre St-Laurent as president and CEO of the company and its subsidiary Sobeys. The appointment reflects ongoing executive shifts in retail.
RealServus Names Bronwyn Smith as CEO
RealServus appointed Bronwyn Smith as CEO, effective this week; she previously led myAbode. Former president John Lusink transitions to vice-chair role.
SolarBank Rebrands to PowerBank Corporation
SolarBank Corporation changed its name to PowerBank Corporation to reflect its expanded focus on power and energy solutions beyond solar.
Loar Holdings Acquires Harper Engineering for $250M
Loar Holdings Inc. (NYSE:LOAR) completed the $250 million cash acquisition of Harper Engineering Company, financed via borrowings and cash on hand, expecting $30M tax benefits.
Colliers Rebrands Investment Arm as Harrison Street Asset Management
Colliers rebranded its investment-management division as Harrison Street Asset Management (HSAM), with Christopher Merrill as Global CEO and Zachary Michaud as managing partner and CFO.
Packaging M&A Shifts to Smaller Deals Post-Megadeals
2026 packaging M&A expected to feature more smaller deals and divestitures after 2025 megadeals like Amcor-Berry ($8.4B), Novolex-Pactiv ($6.7B), and International Paper-DS Smith ($7.2B).
M&A Market Surges with Mega-Deals in Early 2026
US M&A hit record $2.3T in 2025, continuing into 2026 with mega-deals over $30B each, including Netflix's $82.7B bid for Warner Bros. Discovery assets amid friendlier regulations.
Altus Group Appoints New Leadership
Altus Group named Michael Gordon as interim CEO and Raymond Mikulich resigned as executive chair but stays on board; Stuart Boyce appointed Prairies Group senior director.