Latest Corporate News
U.S. Development Finance Corporation Triples Budget to $205B, Opens Wall Street Outpost
The DFC has tripled its budget from $60 billion to $205 billion and opened its first Wall Street office to compete with China's Belt and Road Initiative through public-private partnerships in critical infrastructure and rare earths. Led by CEO Ben Black, a former Goldman Sachs executive, the agency aims to expand U.S. economic influence globally. Plans include leveraging private sector partnerships for strategic investments worldwide.
Paramount Wins $111B Bidding War to Acquire Warner Bros. Discovery
Paramount, backed by David and Larry Ellison, has secured Warner Bros. Discovery in a $111 billion deal, outbidding Netflix's $82.7 billion offer for studios and streaming assets. The acquisition includes HBO, CNN, TV networks, and assumes $33 billion in WBD debt, with $54 billion debt financing and $45.7 billion equity support. The megadeal disrupts Hollywood amid streaming competition and cable declines.
NVIDIA Partners with Telecom Leaders on Open AI-Native 6G Platforms
NVIDIA announced commitments from global telecom leaders to develop 6G networks on open and secure AI-native platforms, marking a strategic push in next-gen wireless technology. The collaboration aims to build foundational infrastructure for future AI-driven communications.
Huawei Unveils Next-Gen AI-Native Intelligent Operations Solution at MWC
At MWC 2026, Huawei launched its AI-Native O&M solution, shifting networks from reactive 'tool-assisted human' models to autonomous AI Agents for predictive operations. Gartner predicts 15% of O&M decisions autonomous by 2028; the solution includes a 'Human Experts + Digital Employees' model. It targets Level 4 Autonomous Networks through industry partnerships.
FedEx and Advent Acquire Polish Logistics Firm InPost for $9.2B
FedEx Corp. and Boston PE firm Advent International completed a $9.2 billion acquisition of Polish logistics company InPost, highlighting major M&A in global supply chains. The deal was among February's largest, led by Boston private equity activity.
Eli Lilly Acquires Orna Therapeutics for Up to $2.4B
Eli Lilly bought biotech firm Orna Therapeutics for up to $2.4 billion, bolstering its pipeline in innovative therapeutics amid active biotech M&A. The acquisition reflects pharma's push into advanced modalities.
Essential Utilities Agrees to All-Stock Merger with American Water Works
Essential Utilities (NYSE: WTRG) entered an all-stock merger with American Water Works, expected to close by Q1 2027 after shareholder approval, combining major U.S. water and gas operators. The deal focuses on infrastructure investments and acquisitions for stability.
Adani Enterprises Acquires 14.2% Stake in Air Works India
Adani Enterprises' subsidiary ADSTL signed an agreement on March 1 to acquire a 14.2% stake in aviation firm Air Works from Punj Lloyd Aviation, expanding into maintenance services. This bolsters Adani's aviation portfolio.
Spring Valley Acquisition Corp. IV Enables Separate Trading of Shares and Warrants
Spring Valley IV announced separate trading of Class A shares and warrants starting March 2, 2026, as a SPAC targeting power infrastructure and decarbonization sectors. The platform has raised $920M across IPOs and completed deals like NuScale Power.
Trump Media Explores Truth Social Spin-Off via SPAC Merger
Trump Media & Technology Group (TMTG) plans to merge businesses including Truth Social with Texas Ventures Acquisition III SPAC, potentially creating pure-play companies post its $6B TAE Technologies deal. Shareholders would receive new shares before TAE merger closure.
APEX Tech Acquisition Closes IPO for Merger Targeting
Cayman Islands blank-check company APEX Tech Acquisition Inc. closed its IPO, including partial overallotment exercise, to pursue mergers in tech sectors. It positions for strategic business combinations.