Latest Corporate News
Consortium Led by Global Infrastructure Partners and EQT Agrees to Acquire AES
A consortium including Global Infrastructure Partners, EQT, CalPERS, and Qatar Investment Authority will acquire AES for $15.00 per share in cash, valuing equity at $10.7 billion and enterprise at $33.4 billion. The deal positions AES as a leading clean energy platform in the Americas with 11.8 GW of signed corporate power agreements. Expected to close in late 2026 or early 2027, subject to approvals.
Sonepar Completes 10 Acquisitions in 2025
Sonepar finalized 10 acquisitions adding €245 million in sales, 750 associates, and 30 branches across Brazil, Spain, Belgium, Italy, and India. Targets include specialists in industrial automation and HVAC like JAV, Ladder, and Fast Automation. This builds on 17 prior acquisitions worth €2.2 billion, with 60% of group growth from M&A over 20 years.
HBT Financial Completes Merger with CNB Bank Shares
HBT Financial merged with CNB Bank Shares effective March 1-2, 2026, expanding footprint in central Illinois, Chicago, and St. Louis MSAs. CNB Bank merged into Heartland Bank; new directors James T. Ashworth and Nancy L. Ruyle appointed.
CEO J. Lance Carter highlighted smooth integration and cultural fit.
VERAXA Biotech Shareholders Approve Merger with Voyager Acquisition Corp
VERAXA Biotech shareholders approved merger and issuance of new shares to Voyager Acquisition Corp on March 2, 2026. The deal advances VERAXA's biotech objectives through public listing via SPAC.
Announced via GlobeNewswire press release.
Hudbay Minerals to Acquire Arizona Sonoran, Creating Third Largest Copper District
Hudbay Minerals announced acquisition of Arizona Sonoran, forming the third largest copper district in North America. The move strengthens Hudbay's copper production capabilities.
Deal reported on March 2, 2026 via GlobeNewswire.
Grünenthal Takes Full Ownership of Grünenthal Meds Joint Venture
Grünenthal acquired Kyowa Kirin's 49% stake in Grünenthal Meds, a 2023 JV for marketing established medicines. This gives Grünenthal complete control of the portfolio.
Announced March 2, 2026.
Israel Orders Energean to Stop Production at Karish FPSO
Israeli government ordered Energean to suspend production at its Karish floating gas production storage and offloading unit due to regional tensions. This impacts gas output amid Middle East conflicts.
Reported in international news on March 2, 2026.
Global Stocks Plunge in Selloff Triggered by Iran-Israel Conflict
S&P 500 futures down 1.22%, STOXX Europe 600 down 1.76%, FTSE 100 down 0.63% amid oil price surge from US-Israel strikes on Iran. Defense stocks like BAE Systems rose over 6%; analysts warn oil could exceed $100/barrel if Strait of Hormuz disrupted.
Bitcoin at $66.4K.
Oil Prices Spike 9% After US-Israel Attacks on Iran
Brent oil spiked 9%, WTI crude 7% as markets react to strikes and potential Strait of Hormuz closure. Supply chain disruptions already hitting insurance and shipping; over 200 vessels anchored nearby.
Economist Mohamed El-Erian noted logistical frictions.
Oil Tankers Damaged Off Gulf Coast in Iranian Retaliation
At least three tankers damaged after US-Israeli strikes on Iran prompted retaliation risking merchant ships. Shipping risks surged with vessels dropping anchor around Strait of Hormuz.
Impacts global energy commodities shipping.
US Warplanes Crash in Kuwait Amid Iranian Fire
Several American warplanes crashed in Kuwait; pilots safe and stable, cause under investigation during Iranian attacks. Reported by Kuwait defence ministry and The Guardian.
Occurred amid intense regional hostilities.