Latest Corporate News

๐Ÿ“…December 9, 2025 at 1:00 AM
IBM's $11B acquisition of Confluent, Paramount's hostile bid for Warner Bros Discovery, and several major M&A deals in sustainable energy and packaging mark today's top corporate news.
1

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-2026Source 5Source 6.

2

Paramount Sky Dance Launches Hostile Bid for Warner Bros Discovery

Paramount Sky Dance initiated a hostile $188 billion NZD bid to outbid Netflix's $125 billion NZD offer for Warner Bros Discovery, intensifying the competition for the media conglomerateSource 1.

3

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 approvalSource 7.

4

ProAmpac to Acquire TC Transcontinental Packaging for $1.5 Billion

Flexible packaging company ProAmpac announced its acquisition of TC Transcontinental Packaging in a $1.5 billion deal, continuing its aggressive M&A strategy to expand market presenceSource 8.

5

Mirum Pharmaceuticals to Acquire Bluejay Therapeutics

Mirum Pharmaceuticals entered into a definitive agreement to acquire Bluejay Therapeutics, aiming to strengthen its global leadership in rare diseases. Terms of the deal were not disclosedSource 9.

6

Significant SPAC Activity in December 2025

Multiple SPAC IPOs and merger votes are underway, including New America Acquisition I Corp.'s $300M IPO and Safeguard Acquisition Corp.'s $200M IPO. Several acquisitions and extension votes highlight active SPAC market dynamicsSource 2.

7

Recent Sustainable Energy M&A Transactions

Notable transactions include HCM II Acquisition Corp's $230 million acquisition of Terrestrial Energy, and Xcel Energy's acquisition of TED Renewables' 300 MW solar project, marking growth in clean energy infrastructureSource 4.

8

Home BancShares Expands into Tennessee through Acquisition

Home BancShares, Inc. announced a triple accretive acquisition and entry to key Tennessee markets through its combination with Mountain Commerce Bancorp, Inc., enhancing its banking footprintSource 11.

9

UK Service Provider Sector Records Strong M&A Activity in 2025

Accounting firm Moore Kingston Smith reported 343 M&A deals in the UK service provider sector in the first half of 2025, reflecting sustained consolidation and partner acquisitionsSource 10.

10

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 philanthropySource 3.