Latest Corporate News News
HNI to Acquire Steelcase with Shareholders' Approval
HNI Corporation and Steelcase Inc. shareholders have approved HNI’s proposed acquisition of Steelcase, with the transaction expected to close on December 10, 2025, pending customary closing conditions. This merger consolidates significant players in office furniture manufacturing, enhancing HNI's market footprint.
TotalEnergies Merges UK Upstream Business with NEO NEXT
TotalEnergies has agreed to merge its upstream oil and gas business with NEO NEXT Energy Limited, creating the largest independent UK oil and gas producer named NEO NEXT+. TotalEnergies will hold a 47.5% stake, with the combined entity boasting a diverse asset portfolio.
Hildene Capital Management to Acquire Annuity Provider SILAC
Hildene Capital Management, an $18+ billion asset manager, signed a definitive agreement to acquire SILAC, a leading fixed and fixed indexed annuity provider in the U.S., expanding Hildene’s insurance solutions offerings.
Jefferies Acquires 50% Stake in Hildene Holding Company
Jefferies Financial Group announced the acquisition of a 50% interest in Hildene Holding Company, parent to Hildene Capital Management, supporting Hildene's growth in credit-focused asset management with over $18 billion under management.
Freenome and Perceptive Capital Solutions Announce Business Combination
Early cancer detection company Freenome and SPAC Perceptive Capital Solutions have agreed to combine, creating a publicly listed entity valued at approximately $1.1 billion. The transaction, expected to close in H1 2026, will fund Freenome’s multi-cancer detection platform growth.
UK Service Provider Sector Sees Steady M&A Activity in 2025
The UK service provider sector recorded 343 mergers and acquisitions in the first half of 2025, consistent with the previous year, highlighting sustained consolidation and investment activity in the industry.
The ODP Corporation Shareholders Approve Major Acquisition Deals
ODP Corporation’s shareholders have approved key acquisitions anticipated to close shortly, reflecting a strategic expansion in office products and services globally; details of the counterparties remain under member access.
SPAC Transactions Continue Robust Pace in 2025
Special purpose acquisition companies maintain strong activity, exemplified by deals such as Freenome’s SPAC merger, signaling investor confidence in leveraging SPACs to access innovative sectors like biotech and AI-enhanced diagnostics.
HNI and Steelcase Merger Viewed as Industry Consolidation Signal
The pending HNI-Steelcase merger represents significant consolidation in office furniture manufacturing, potentially influencing market dynamics and prompting responses from competitors globally.
Energy Sector Mergers Highlight Shift Towards Independent Producers in UK
The TotalEnergies and NEO NEXT merger underlines a trend toward creating larger independent oil and gas producers in the UK amid evolving energy markets, with significant backing from industry investors like HitecVision and Repsol UK.