Latest Corporate News News

đź“…February 23, 2026 at 1:00 PM
Major corporate M&A deals dominate headlines, including Texas Instruments' $7.5B acquisition, Veris Residential's $3.4B buyout, and Gilead's $7.8B Arcellx purchase, amid market volatility from tariff rulings.
1

Texas Instruments Acquires Silicon Laboratories for $7.5 Billion

Texas Instruments announced its largest acquisition in over a decade, buying Silicon Laboratories for $7.5B to bolster wireless connectivity and embedded systems for industrial automation and automotive uses.Source 2 This deal signals heavy capital investment in manufacturing and consolidation trends.Source 2

2

Veris Residential to Be Acquired for $3.4 Billion by Affinius-Led Consortium

Veris Residential, a Northeast-focused multifamily REIT, agreed to an all-cash $19 per share deal valuing the enterprise at $3.4B, a 23.2% premium to its unaffected share price.Source 4 The transaction follows a strategic review and is expected to close in Q2 2026, pending shareholder approval.Source 4 Veris canceled its earnings call due to the pending deal.Source 4

3

Gilead Sciences to Acquire Arcellx for $7.8 Billion

Gilead plans a cash tender offer and merger for Arcellx at $115 per share plus a $5 CVR, totaling up to $8.1B, after building an 11.5% stake.Source 9Source 11 The deal, advised by Ropes & Gray, requires about $7.8B in cash and has support from major shareholders.Source 9Source 11 It aims to expand Gilead's biotechnology capabilities.Source 11

4

Platinum Equity Sells Urbaser to Blackstone and EQT for $6.6 Billion

Private equity firm Platinum Equity exited waste-management company Urbaser in a $6.6B deal to Blackstone and EQT, highlighting appetite for infrastructure services.Source 2 The transaction underscores confidence in urban infrastructure-linked sectors.Source 2 It reflects ongoing consolidation in industrial markets.Source 2

5

QXO Acquires Kodiak Building Partners for $2.25 Billion

QXO expanded its building materials presence with the $2.25B acquisition of Kodiak Building Partners, building a national platform in construction distribution.Source 2 This follows major deals like Home Depot's $18B SRS purchase in 2024.Source 2 It indicates accelerating consolidation in the sector.Source 2

6

IQM Quantum Computers to Go Public via $1.8B SPAC Merger

Finnish quantum computing firm IQM agreed to merge with Real Asset Acquisition Corp (RAAQ) at a $1.8B pre-money valuation, providing over $450M in cash.Source 6 The deal will list IQM's ADS on a major U.S. exchange to fund fault-tolerant quantum development.Source 6 Both boards unanimously approved, pending shareholder vote.Source 6

7

Tidewater Announces All-Cash Acquisition of Wilson Sons Ultratug Offshore

Offshore services firm Tidewater revealed plans to acquire Wilson Sons Ultratug Offshore in an all-cash deal, expanding its operations.Source 12 The transaction was announced recently via Business Wire.Source 12 Details on value were not specified in reports.Source 12

8

Markets React to Supreme Court Striking Down Trump Tariffs

U.S. futures slipped with S&P 500 down 0.2-0.3%, Europe and Asia mixed after the Supreme Court nixed most Trump tariffs, causing stock sell-offs.Source 5Source 7 Dollar weakened, oil dipped, amid complex fallout expectations.Source 5Source 7 Hong Kong surged 2.5%, while Australia fell 0.6%.Source 7

9

Private Equity M&A Booms with Megadeals in 2025

Global private equity saw a surge in M&A, with 13 deals over $10B totaling $274B, including Electronic Arts at $56.6B and others like Aligned Data Centers.Source 8 Improved economics and AI drove the activity, concentrated in the U.S.Source 8 2026 outlook predicts continued traction.Source 8

10

Chemicals Sector Sees Major M&A: Borealis-Borouge, AkzoNobel-Axalta

Top chemicals deals include Borealis–Borouge, AkzoNobel–Axalta, OMV/ADNOC's NOVA Chemicals, and Berkshire Hathaway's OxyChem acquisition.Source 10 These four transactions dominated the 2026 executive M&A report.Source 10 They highlight consolidation in the industry.Source 10

11

FedEx Breaks Ground on Navi Mumbai Air Cargo Hub

FedEx started construction on a 300,000 sq ft cargo hub at the $2B Navi Mumbai International Airport to connect India to Asia, Europe, and U.S.Source 3 The facility strengthens Western India's trade corridor using multi-modal infrastructure.Source 3 It reflects global airport infrastructure expansions.Source 3

12

AENA Faces Airline Backlash Over Proposed Airport Fee Hikes

Spanish operator AENA proposed a 3.8% annual fee increase, rejected by IATA for underestimating traffic and earning excessive returns.Source 3 IATA calls for a 4.9% cut to boost Spain's competitiveness.Source 3 Bidding ongoing for passenger boarding bridges at other airports.Source 3

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