Latest Corporate News
Morgan Stanley Highlights Five Forces Driving 2026 M&A Surge
Morgan Stanley identifies five key drivers behind thriving crossborder M&A deals in 2026, including policy certainty, lower rates, and IPO revival. Global M&A volume surged 40% last year with 60 deals over $10B. Japanese buyers strongly support crossborder demand.
AIG Acquires 35% Stake in Convex Group for $2.1 Billion
AIG closed a $2.1B deal for 35% equity in Convex Group, becoming its second-largest shareholder, and took a 9.9% stake in Onex Corp for $642M. The transaction secures Convex's independence and boosts AIG's growth in insurance. Onex holds 63% of Convex post-deal.
First Merchants Corp Completes Merger with First Savings Financial
First Merchants (NASDAQ: FRME) and First Savings (NASDAQ: FSFG) finalized their merger effective February 1, 2026, creating a $21.4B asset financial holding company headquartered in Indiana. First Savings Bank will integrate into First Merchants Bank by Q2 2026.