Latest Corporate News News
HNI Corporation and Steelcase Shareholders Approve Merger, Closing Expected December 10, 2025
Shareholders of HNI Corporation and Steelcase Inc. approved proposals related to HNI's acquisition of Steelcase. The merger is anticipated to close on December 10, 2025, pending customary conditions, signaling significant consolidation in office and furniture sectors.
Multiple M&A Deals Highlight Active Corporate Environment in November 2025
Key merger agreements include Eventbrite's $500 million acquisition by Bending Spoons, Aquarian Capital's $4.1 billion deal for Brighthouse Financial, and Charles Schwab's acquisition of Forge Global Holdings. These reflect active market consolidation across fintech and healthcare sectors.
S&P 500 Nears Record High Amid Eighth Straight Upward Session
The S&P 500 gained 0.3%, marking its eighth consecutive positive day and closing within half a percentage point of its record high. Market optimism is fueled by expected Fed rate cuts and increased corporate capital expenditure deductions, suggesting a bullish outlook into 2026.
Sustainable Energy Sector Sees Notable M&A Activity in Late 2025
Sustainable energy firms are consolidating, with HCM II Acquisition Corp. acquiring nuclear pioneer Terrestrial Energy in a $230 million reverse merger, and Quantum Hydrogen's acquisition by Pulsar Helium. These moves highlight growing investor interest in clean energy technologies.
Russian President Putin Promotes Continued Fuel Shipments to India Despite U.S. Pressure
At a summit with Indian Prime Minister Modi, Putin emphasized Russia’s commitment to uninterrupted oil and gas supply, focusing on enhancing bilateral energy, defence, and trade cooperation despite international tensions.
Mexico Freezes Bank Accounts of Miss Universe Co-owner Amid Criminal Investigation
Mexican authorities froze the bank accounts of Raúl Rocha Cantú, a co-owner of Miss Universe, as part of a probe into organized crime involving drugs, fuel, and arms trafficking, demonstrating growing law enforcement scrutiny over high-profile business figures.
Taipei City Launches Global Pass Program to Support Startups' Global Expansion
Taipei City's Global Pass initiative offers startups access to international coworking spaces, enabling companies like CancerFree and METAIAM to lower operational costs and collaborate globally, enhancing innovation networks in tech and healthcare.