Latest Corporate News
Federal Reserve Cuts Rates; Oracle Faces Cloud Sales Challenges
The Federal Reserve cut interest rates by 25 basis points, its third consecutive cut. Oracle disappointed investors with lower-than-expected cloud sales despite a $12 billion capex, planning $50 billion in fiscal year spending, focusing on AI investments.
Yorktel and Kinly Merge to Expand Collaboration Services
Yorktel, partnered with One Equity Partners, agreed to merge with Kinly, creating a larger workplace experience and collaboration provider. This merger aims to accelerate growth and broaden managed services globally, pending regulatory approval.
Avidex Acquires CCS New England to Expand U.S. Market Reach
Avidex announced its acquisition of CCS New England to enhance enterprise, healthcare, education, and government client services in the region. CEO Jeff Davis described this as key to transforming collaboration and communication.
AVPro Global Holdings to Acquire Remote Technologies Inc.
AVPro Global entered an agreement to acquire RTI, specializing in intelligent home and business automation. This adds to AVPro's portfolio including AVPro Edge and AudioControl Pro, expanding its control technology offerings.
AVI Systems to Acquire AVCON, Enhancing AVL Technology Services
AVI Systems announced its planned acquisition of AVCON, a systems integrator focused on audio, video, and lighting for various sectors. The deal will transfer AVCON employees to AVI and closes mid-January 2026.
Atlas Holdings Completes $1 Billion Take-Private of The ODP Corporation
Atlas Holdings finalized its acquisition of The ODP Corporation, parent company of Office Depot, in an all-cash transaction valued at roughly $1 billion. The deal encompasses more than 16,000 employees supporting retail operations.
Major Convenience Store Mergers and Acquisitions in 2025
Alimentation Couche-Tard completed a $1.6 billion purchase of GetGo Café + Markets, adding over 270 locations. Sunoco closed its $9.1 billion acquisition of Parkland Corp., integrating 3,600+ sites. Anabi Oil acquired Green Valley Grocery and C&J Cox stores as part of significant market consolidation.
Alcon Raises Offer in Amended Deal to Acquire STAAR Surgical
Alcon increased its acquisition offer for STAAR Surgical amid shareholder debates and postponed stockholder meetings. The amended agreement permits STAAR to proactively seek third-party proposals, aiming to maximize shareholder value.
Radian Receives Regulatory Approvals for $1.7 Billion Inigo Acquisition
Radian obtained all necessary regulatory clearances to acquire Inigo, continuing its strategic growth after signing the $1.7 billion deal earlier in 2025, largely focused on enhancing insurtech capabilities.
Kirkland Advises Montagu and Kohlberg on Teleflex Medical OEM Acquisition
The law firm Kirkland & Ellis provided counsel to Montagu and Kohlberg Partners in their acquisition of Teleflex Medical OEM, strengthening their positions in the medical device manufacturing sector.