Latest Corporate News

📅December 13, 2025 at 1:00 AM
Major corporate mergers and acquisitions dominate today's news, including Vital Energy's approval to merge with Crescent, Mars completing Kellanova buyout, and multiple HR tech deals amid market openings.
1

Vital Energy Stockholders Approve Merger with Crescent Energy

Vital Energy (NYSE: VTLE) stockholders approved the merger with Crescent Energy at a special meeting on December 12, 2025, with an exchange ratio of 1.9062 Crescent shares per VTLE share. The deal is expected to close on December 15, 2025, enhancing scale and free cash flow generation.Source 4

2

Mars Completes Acquisition of Kellanova

Mars has finalized its acquisition of Kellanova, creating a powerful Mars Snacking division with brands like Snickers, M&M’s, Pringles, and Cheez-It. The deal, announced in August 2024, received approvals from shareholders and regulators including the European Commission and US FTC by December 8, 2025.Source 6

3

Cinven, KKR, and Providence Sell Stake in MasOrange for €4.25 Billion

Cinven, KKR, and Providence agreed to sell their 50% stake in MasOrange to Orange, marking a successful exit from Spain's largest telecom operator by subscribers. The transaction, anticipated to complete in H1 2026, follows major network deals and the 2024 merger with Orange España.Source 7

4

PNC Receives Regulatory Approvals for FirstBank Acquisition

PNC Financial Services received regulatory approvals to acquire FirstBank, one of the largest privately held US banks, expanding its presence in Colorado, Arizona, and the Southwest. The deal is expected to close on or about January 5, 2026, with full integration by mid-2026.Source 8

5

Workday Acquires Multiple AI Firms: Sana, Paradox, HiredScore, FlowiseAI, Evisort

At Workday Rising 2025, Workday announced acquisitions of AI companies Sana, Paradox, HiredScore, FlowiseAI, and Evisort to enhance enterprise user experience. CEO Carl Eschenbach stated these deals will transform business capabilities.Source 2

6

Paychex Acquires Paycor in $4.1 Billion Deal

Paychex acquired US HCM company Paycor for $4.1 billion, combining to serve 790,000 customers and boosting AI-driven HR tech and upmarket capabilities. CEO John Gibson highlighted new growth channels from the merger.Source 2

7

Dayforce Goes Private with Thoma Bravo for $12.3 Billion

HCM leader Dayforce agreed to be acquired by Thoma Bravo in a $12.3 billion deal, becoming privately held to accelerate growth and innovation. The transaction creates opportunities in the global HCM landscape.Source 2

8

Atlassian Acquires The Browser Company for $610 Million

Software giant Atlassian, with $4.4 billion revenue, bought AI browser developer The Browser Company for $610 million to deliver AI-era tools for knowledge work.Source 2

9

SAP Completes Acquisition of SmartRecruiters

SAP finalized its August 2025 acquisition of SmartRecruiters in October, with CEO Rebecca Carr stating it builds the future of work beyond mere response.Source 2

10

Cosette Pharmaceuticals Terminates Mayne Pharma Acquisition

Cosette and Mayne Pharma mutually terminated their acquisition agreement on December 9-11, 2025, after Australia's Treasurer blocked the deal and the end date expired.Source 9

11

FullBeauty Brands to Merge with Menswear Retailer DXL

Indianapolis-based online apparel retailer FullBeauty Brands plans to merge with Canton, Massachusetts-based men's clothing retailer DXL.Source 10

12

Wealthfront Celebrates IPO at Nasdaq Opening Bell

Fintech company Wealthfront rang the Nasdaq opening bell on December 12, 2025, marking its IPO amid discussions on market challenges like Chipotle's stock and commodity prices.Source 1