Latest Corporate News
Largest US Bank Deals Close in Record Time
Bank deals over $25B assets in 2025 closed in a median 142 days, down from 272 in 2022, with PNC's $4.08B FirstBank acquisition at 122 days and Pinnacle's $7.90B Synovus deal at 161 days. Fifth Third's $10.85B Comerica buy awaits Q1 2026 close after approvals.
Regulators prioritize shorter M&A timelines.
Old Glory Bank Goes Public via $250M SPAC Merger
Old Glory Bank merges with DAAQ SPAC for Nasdaq listing as OGLY, valuing it at $250M pre-money with $176M trust and $50M PIPE planned. Deposits grew 2,000% to $245M by Dec 2025; aims to expand crypto-fiat services.
Expected close Q1-Q2 2026 pending approvals, led by Ben Carson as chairman.
BASF Acquires AgBiTech for Bio-Control Expansion
BASF buys Texas-based AgBiTech, using virus tech for insect control in corn and soy, to boost Brazil market biologicals. Deal closes H1 2026 pending approval, complementing BASF's crop solutions amid portfolio reshaping for 2027 ag IPO.
Strengthens integrated pest management offerings.
Calera Capital Acquires ReVamp Companies
Private equity firm Calera Capital acquired ReVamp, provider of floor coatings and fencing for homeowners, in early Jan 2026. Partners with CEO Jeff Gear to grow multi-site services; sixth Fund VI investment advised by Baker McKenzie.
Aims to expand footprint.
AI Medical Sector Leads Hong Kong Gains
Hang Seng turnover hit HK$340B; AI medical stocks soared with Ali Health up 18.96%, Qiutai Tech +14% expecting 400-450% 2025 profit growth. Nongfu Spring +6%, while insurance and lithium fell.
AI apps and consumer stocks topped gains.
US Tech Stocks Mixed; Ctrip Plunges 17%
Dow -0.08%, Nasdaq -1%, S&P -0.53%; Broadcom -4%, Intel +3%, PDD -4%, Nasdaq China Dragon -0.23%. Alibaba +1.7%, Ctrip under investigation after multiple interviews.
State Council presser on monetary policies set for 15:00.
UK Commercial Investment to Rise 15% in 2026
JLL forecasts £43-48B in UK commercial real estate deals, up to 15% from 2025 on better financing. Investors respond to improving conditions.
Part of global trends with Germany at €23-25B in 2025.
Microsoft Launches 'Good Neighbor' Data Center Policy
Microsoft to pay higher electricity, use less water for AI data centers, create jobs without tax breaks amid backlash. Responds to Trump call for tech firms to cover utility costs from boom.
Supports communities via taxes and employment.
Paris Maine-Montparnasse Tower €1B Renovation Begins
City Hall agreement launches overhaul adding housing, retail, promenade with 151 trees to 1970s complex. Opens shopping, creates central square linking to city.
Long-awaited mixed-use revamp.
Global Upstream M&A Outlook: Equity and Gas Deals Rise
2026 sees more strategic JVs like Eni-Petronas NewCo and NEO NEXT+ completions amid oil headwinds. Focus on equity deals, ventures, gas transactions.
Operational flexibility key.
Shanghai-Shenzhen Raises Financing Deposit Ratio to 100%
China exchanges adjust financing deposit ratio from 80% to 100%. Three departments symposium resists new energy 'price war'.
Alibaba Qianwen AI app presser at 10:00; TSMC briefing at 14:00.
US Law Firm M&A Accelerates in 2026
US law firm mergers speed up with 2025 data showing consolidation trends for Big Law clients. Global M&A US-dominant at half 2025 value.
Healthcare private equity M&A strong into Q1.