Latest Corporate News
Brink's to Acquire NCR Atleos for $6.6 Billion
The Brink's Company announced a definitive agreement to acquire NCR Atleos in a cash and stock deal valued at $6.6 billion, including 13.3 million Brink's shares and $2.2 billion cash, plus assumption of $2.6 billion debt. The deal offers a 24% premium over NCR Atleos' February 25 closing price and is expected to close in Q1 2027 pending approvals. Post-closing, Brink's shareholders will own 78% of the combined entity.
Brookfield Asset Management Appoints Connor Teskey as CEO
Connor Teskey has been appointed CEO of Brookfield Asset Management, succeeding Bruce Flatt who remains chair and CEO of Brookfield Corporation. Teskey, with Brookfield since 2012, was recently BAM’s president. This leadership transition aims to leverage his experience in renewable power and transition.
1Valet Names Demetrios Barnes as President and CEO
Smart-building technology firm 1Valet appointed Demetrios Barnes as president and CEO, bringing experience from SmartRent where he was COO. Founder Jean-Pierre Poulin transitions to executive chairman. Barnes' expertise includes operations, go-to-market, and capital markets.
Devon Energy and Coterra Energy Announce $58 Billion Merger
Devon Energy Corp. and Coterra Energy Inc. announced a $58 billion merger of equals to create a major oil and gas player competing with supermajors. The deal highlights the 2026 M&A resurgence with positive market reactions. It follows trends of large energy sector consolidations.
Texas Instruments to Acquire Silicon Labs for $7 Billion
Texas Instruments plans to acquire Silicon Labs for $231 per share in cash plus $7 billion debt, enhancing embedded wireless connectivity. The deal, pending approval, is set to close in early 2027 amid semiconductor rebound driven by AI. Deloitte's outlook notes strategic M&A reshaping the industry.
Mistral AI Partners with Accenture for Enterprise AI Solutions
French AI lab Mistral AI announced a multiyear partnership with Accenture to develop enterprise tech using Mistral’s models. Accenture will deploy the tech internally and to clients, following similar deals with OpenAI and Anthropic. This reflects AI firms' strategy to boost enterprise adoption via consultants.
Altus Group CEO Jim Hannon Departs, Mike Gordon to Take Over
Jim Hannon departed as CEO and director of Altus Group; Mike Gordon, former CEO, becomes executive chair and CEO in Q1 2026. Raymond Mikulich resigned as executive chair but stays on the board. Gordon has been a director since 2020.
NORMA Group Launches €52.9 Million Share Buyback
NORMA Group initiated a public share buyback up to €52.9 million using proceeds from its Water Management business sale. CEO Birgit Seeger emphasized disciplined capital allocation for industrial business growth. Further capital return measures are planned.
All Big Six Canadian Banks Beat Earnings Expectations
CIBC, RBC, TD Bank, plus BNS and BMO, all exceeded EPS consensus in Q4 earnings. CIBC reported $2.76 (vs $2.38), RBC $4.08 (vs $3.84), TD $2.44 (vs $2.25). This reflects strong performances amid mixed market details.
Waste Industry Firms Plan $1B+ in 2026 Acquisitions
Major waste companies like Republic Services eye $1 billion in 2026 tuck-in acquisitions, focusing on recycling and post-collection assets. Waste Connections closed $20 million deals early February after $125 million rollover from 2025. Executives remain bullish on M&A.
CAPREIT CIO Julian Schonfeldt to Depart in April
CAPREIT announced Chief Investment Officer Julian Schonfeldt will leave in April after executing $6 billion in transactions since 2022. He was the firm's first CIO. Schonfeldt pursues new opportunities.
Global Growth to Slow to 2.6% Amid Trade and Tariff Pressures
World Bank projects global growth slowing to 2.6% in 2026 due to weakening trade and intensifying tariffs. Business leaders face workforce challenges, cyberattacks, and AI risks per Conference Board and WEF. Debt and geopolitical tensions add volatility.