Latest Corporate News
IBM to Acquire Confluent for $11 Billion
IBM announced a definitive agreement to acquire data streaming pioneer Confluent for $31 per share, valuing the deal at approximately $11 billion. This acquisition aims to create a smart data platform to enhance enterprise generative AI capabilities, with completion expected by mid-2026.
Alexander & Baldwin to be Taken Private in $2.3 Billion Deal
A joint venture involving Blackstone Real Estate and MW Group will acquire all outstanding shares of Hawaii-based real estate company Alexander & Baldwin for $21.20 per share in an all-cash transaction valued at $2.3 billion. The deal is expected to close in Q1 2026 after shareholder approval.
Gates Foundation Highlights Rising Childhood Mortality Concerns
The Gates Foundation warned that child deaths are projected to rise for the first time this century and urged global leaders to allocate scarce resources strategically to save the most lives, underscoring social responsibility considerations in corporate philanthropy.