Latest Corporate News News
Mars Completes $36 Billion Acquisition of Kellanova
Mars finalized its $36 billion acquisition of Kellanova, known for brands like Pringles and Pop-Tarts, expanding its snack portfolio alongside Mars candy brands such as M&Ms and Snickers. The deal closed on December 11, 2025, following regulatory approvals including European Commission clearance.
Hong Kong Reclaims Top Global IPO Spot in 2025
Hong Kong has surged back to lead global IPO markets in 2025 with a record 316 IPO applications by early December, marking a 267% increase compared to the previous year. The strong A+H share listings pipeline reflects robust market confidence in the region.
Enova Announces Agreement to Acquire Grasshopper Bank
Enova Financial Corporation announced a definitive agreement to acquire Grasshopper Bank as part of its expansion strategy in the financial services sector. The acquisition aims to strengthen Enova's position in digital banking and fintech offerings.
Littelfuse Completes Acquisition of Basler Electric
Littelfuse completed its acquisition of Basler Electric, enhancing its capabilities in high-power electrical control and protection technologies. Basler serves industrial growth markets, boosting Littelfuse's portfolio in smart electrical solutions.
ALLETE Receives Approval for Acquisition by CPP Investments and GIP
ALLETE has received regulatory approval from the Minnesota Public Utilities Commission for acquisition by Canada Pension Plan Investment Board and Global Infrastructure Partners. The acquisition is expected to close by December 15, 2025, further reinforcing infrastructure investment.
Netflix's Acquisition of Warner Bros. Sparks Hollywood Outrage
Netflix's acquisition of Warner Bros. Discovery has generated controversy in Hollywood, with industry stakeholders expressing concerns over future content and corporate strategies. The deal follows a hostile bid from Paramount, reflecting a competitive media consolidation period.
ITHAX Acquisition Corp. III Prices $200 Million Initial Public Offering
ITHAX Acquisition Corp. III priced an IPO of $200 million, with its units set to trade under the ticker symbol 'ITHAU' on Nasdaq starting December 12, 2025. The Special Purpose Acquisition Company (SPAC) aims to pursue growth opportunities in various sectors.
Tech Sector Focus: Nvidia Shares Dip amid Market Uncertainty
Nvidia's shares opened down 2% despite a 34% gain for the year, amid speculation about the company's future edge in AI chip technology. Industry experts remain cautiously optimistic about upcoming chip innovations addressing reasoning capabilities.
Teal Acquires Ramped to Enhance AI-Powered Job Search Platform
Career development platform Teal acquired Ramped, an AI-driven 'Autopilot' system that automates job applications to accelerate hiring outcomes. This acquisition bolsters Teal's comprehensive end-to-end job search services.
UN to Host WSIS+20 Meeting on Inclusive Digital Cooperation
The United Nations is hosting the WSIS+20 High-Level Meeting from December 15-17, 2025, focused on advancing an inclusive, sustainable, and rights-based digital ecosystem globally. The event will renew political commitments and define priorities for digital cooperation.