Latest Corporate News
Fifth Third Bancorp to Acquire Comerica for $10.9 Billion
Fifth Third Bancorp’s proposed $10.9 billion acquisition of Comerica will create the ninth-largest U.S. commercial bank with $288 billion in assets. The deal, announced in October, aims to close in Q1 2026. This ranks as the largest bank M&A of 2025.
Pinnacle Financial and Synovus Merge in $8.6 Billion Deal
Pinnacle Financial Partners and Synovus Financial announced a merger of equals valued at $8.6 billion, forming a $116 billion-asset bank focused on the Southeast. The deal received Federal Reserve approval and is set to close on January 1, 2026. Synovus CEO Kevin Blair will lead the combined entity under the Pinnacle name.
Brown & Brown Acquires Risk Strategies and One80 for $9.8 Billion
Brown & Brown entered an agreement to buy Accession Risk Management, parent of Risk Strategies and One80, for $9.8 billion in June. This massive insurance brokerage deal highlights ongoing M&A activity in the sector. Accession ranked 8th on Insurance Journal’s 2025 Top 100 list.
Electronic Arts Taken Private in Record $55 Billion LBO
Electronic Arts agreed to a $55 billion all-cash buyout by a consortium including Silver Lake, Affinity Partners, and Saudi PIF, marking the largest leveraged buyout ever. JPMorgan underwrote $20 billion in debt, the biggest single package by one bank. The deal underscores private equity's megadeal ambitions in gaming.
ServiceNow Acquires Armis for $7.75 Billion in Largest-Ever Deal
ServiceNow announced its biggest acquisition, buying cybersecurity startup Armis for $7.75 billion to bolster its offerings. This is part of a $12 billion deal spree echoing CEO's past SAP strategies. The move targets enterprise security needs.
Global M&A Volumes Surge 50% to $4.5 Trillion in 2025
Mergers and acquisitions hit $4.5 trillion in 2025, up 50% year-over-year, driven by a wave of megadeals. Notable battles include Netflix and Paramount vying for Warner Bros Discovery, and Union Pacific deals. This reflects bold corporate consolidation trends.
DB Insurance Buys US Insurer Fortegra for $1.65 Billion
South Korea's DB Insurance agreed to acquire specialty insurer Fortegra Group for $1.65 billion, expanding into the US market. This is among the top insurance M&A stories of 2025 amid sustained deal activity. Mergers continued to dominate the sector.