Latest Corporate News
Megaworld Reports Record ₱24 Billion Profit in 2025
Megaworld Corporation, led by the Tan family, achieved an 11% jump in 2025 net income to ₱24 billion, with consolidated revenues rising 5% to ₱86 billion. Leasing revenues climbed 11% to ₱22 billion, driven by strong office market resurgence and record mall traffic. This reflects resilient property demand amid ongoing expansions.
Foreign Firm Eyes EV Investments in Philippines
A foreign firm is considering electric vehicle investments in the Philippines as part of the clean energy push, signaling growing investor confidence in sustainable transport. Trade Secretary Maria Christina Rock confirmed ongoing talks but did not disclose the investor or amount. Electrified vehicles accounted for 7% of total sales in 2025, with hybrids leading and battery EVs rising.
Chinese AI Lab DeepSeek Restricts NVIDIA Access to Flagship Model
DeepSeek, a Chinese AI lab, denied early access to its next flagship model to NVIDIA, granting it instead to domestic suppliers like Huawei, breaking industry norms. This move underscores intensifying global AI competition. Sources familiar with the matter highlighted the exclusion of NVIDIA.
SM Energy Releases Optimistic 2026 Outlook Post-Civitas Merger
SM Energy's merger with Civitas closed January 30, 2026; 2026 guidance reflects 11 months of Civitas contribution and plans for $200–$300 million in synergies, with $185 million already actioned. Priorities include maximizing free cash flow, $1.0+ billion divestitures like a $950 million South Texas asset sale, and increasing dividends by 10% while reducing debt. The strategy emphasizes capital efficiency and shareholder returns.
McCoy Global Announces CEO Succession Plan
McCoy Global Inc. announced President and CEO Jim Rakievich will retire effective May 14, 2026, with COO Bing Deng appointed as successor and nominated for the Board. The transition supports continuity in strategy, technology advancements, and strong financial performance. Deng's leadership has enhanced profitability and market reputation.
Warner Bros. Discovery Q4 2025 Results and Merger Updates
Warner Bros. Discovery reported strong Q4 2025 Adjusted EBITDA exceeding guidance, doubling year-over-year, with HBO Max launches in new markets. The Board views Paramount Skydance's proposal as potentially superior to the Netflix merger, continuing engagements without assurance of a deal. Streaming expects over 150 million global subscribers by end-2026.
Hims & Hers to Acquire Eucalyptus for Up to $1.15 Billion
Hims & Hers Health, Inc. agreed to acquire Australian digital health firm Eucalyptus, valued at up to US$1.15 billion, to expand into Australia, Japan, UK, Germany, and Canada. Eucalyptus has served over 775,000 customers via telehealth for chronic diseases. The deal, advised by K&L Gates for Blackbird Ventures, is set to close mid-2026 pending approvals.
LENSAR Updates on Pending Alcon Acquisition
LENSAR expects its acquisition by Alcon to close in H1 2026, subject to FTC approval amid ongoing review including a Second Request for information. The companies are cooperating with regulators on the transaction. LENSAR focuses on robotic laser solutions for cataracts.
INNIO Signs Deal to Acquire Enerflex APAC Aftermarket Business
INNIO entered a definitive agreement to acquire Enerflex's APAC aftermarket business, operating in three countries and eight locations. The deal aims to strengthen INNIO's regional presence. Closing is anticipated in the second half of 2026.
Bank M&A Surge Expected to Drive Commercial Banking Growth in 2026
A wave of bank mergers in 2026 will create opportunities for participants and rivals capturing disrupted clients, driven by tech costs, supportive regulations, and growth needs. Banks should emphasize stability and service to win business. Analysis highlights M&A as key for scaling and revenue diversification.
M&A Activism Poised to Rise with Deal Resurgence in 2026
Increasing M&A activity over the past year raises prospects for more M&A activism in 2026, with activists targeting deals. Companies should prepare for activist pressures amid the trend. Recent patterns indicate heightened risks and opportunities.