Latest Corporate News
Alphabet Issues $15 Billion Bond Deal Amid Surging AI Capex
Alphabet announced a $15 billion bond deal in USD, Sterling, and Swiss Francs, upsized due to strong demand, following earnings guidance of $175-185 billion in capex for the year. This comes after long-term debt rose from $10.88 billion to $46.5 billion year-over-year, despite record free cash flow.
Hyperscalers like Oracle are also tapping debt markets heavily, with Morgan Stanley forecasting $400 billion in borrowings.
Holtec International Eyes $10 Billion+ IPO per SEC Filings
SEC filings reveal Holtec International is preparing a potential IPO valuing the nuclear firm over $10 billion. This aligns with nuclear sector tailwinds from tech partnerships and renewable reclassification driving uranium prices higher.
The move underscores growing demand for nuclear energy amid AI data center power needs.
Global Stocks Sell Off on Friday the 13th Over AI Fears
Markets plunged worldwide, with Nasdaq down 2%, S&P 500 software sector off 27% since October, and gold dipping below $5,000/oz as investors flee assets. Asia markets tumbled: Nikkei -1.21%, CSI 300 -1.25%; while Europe was flat.
Trucking firms like Algorhythm Holdings tanked after AI efficiency claims.
Novartis Completes $9.9 Billion Merger with Avidity Biosciences
Novartis AG's $9.9 billion merger with Avidity Biosciences topped Switzerland's M&A deals for the year. The Partners Group-led consortium deal followed as the second largest.
This reflects aggressive growth strategies in pharma amid patent cliffs.
Pharma M&A Surges as Patent Cliffs Loom with $200-300B Revenue Risk
Biopharma faces massive patent expirations risking $200-300 billion in annual sales, spurring M&A for pipeline refills. Average deal sizes doubled to $2 billion in 2025; hotspots include radiopharmaceuticals and RNA therapies.
Examples: J&J's $14.6B Intra-Cellular buy, Merck's $10B Verona Pharma acquisition.
M&A Trends 2026: Private Equity Drives AI and Energy Deals
2026 M&A surges with private equity targeting AI, digital transformation, and energy supply chains like critical minerals mining. Strategic buyers focus on transformational deals; mid-market 'buy-and-build' strategies rise amid stabilizing rates.
Regulatory scrutiny intensifies on antitrust and national security.
Zadar Labs Acquires Fusionride to Boost Automotive Radar Tech
Zadar Labs acquired Shanghai-based Fusionride, expanding into automotive, robotics, and industrial markets via advanced 4D imaging radar. The deal closed February 9, leveraging Fusionride's EMS manufacturing for scaled sensor production.
Holland & Knight advised on the cross-border transaction.
Bain Forecasts Continued Global M&A Momentum into 2026
Bain & Company's 2026 report predicts sustained M&A strength after a sharp rebound, driven by strategic and financial buyers seeking scale. Pent-up demand and investor confidence fuel activity in evolving markets.
Focus on AI and competitive advantages persists.
Brighthouse Financial Merger Approved, Set to Close in 2026
Brighthouse Financial shareholders approved a major merger, alongside deals by Alliant Insurance and Continental General. The transaction awaits customary closing conditions in 2026.
This bolsters consolidation in the insurance sector.
RF Acquisition Corp III Prices $100 Million IPO for SPAC Merger
Blank check company RF Acquisition Corp III priced a $100 million initial public offering to pursue mergers or acquisitions. The SPAC targets capital stock exchanges, asset buys, or stock purchases.
It highlights ongoing SPAC activity in corporate dealmaking.
Nuclear Energy Tailwinds Boost Sector Amid Tech Power Demands
Nuclear industry rallies from tech firm partnerships, government support, and renewable status, pushing uranium and stocks higher. AI-driven capex by hyperscalers like Amazon, spending more in 3 years than prior 26 combined, fuels energy needs.
Efficiency improvements expected long-term despite high energy use.
Tech Debt Wave: Hyperscalers to Borrow $400B, Issue $2.25T Bonds
Morgan Stanley projects hyperscalers borrowing $400 billion this year, up from $165B, with $650B capex; total high-grade bonds at $2.25T. Oracle's $25B deal preceded Alphabet's; investor concerns rise over sustainability.
Oracle CDS surged, Meta hit private credit record.