Latest Corporate News News

📅December 13, 2025 at 1:00 AM
Major corporate developments include surging M&A activity with mega-deals in rail, gaming, and data centers, plus key mergers in energy, snacks, HR tech, telecom, and banking AI expansions.
1

Vital Energy Stockholders Approve Merger with Crescent Energy

Vital Energy (NYSE: VTLE) stockholders approved a merger with Crescent Energy on December 12, 2025, at a special meeting. Shareholders will receive 1.9062 shares of Crescent Class A common stock per VTLE share, with the deal expected to close on December 15, 2025, enhancing scale and free cash flow.Source 6

2

Mars Completes Acquisition of Kellanova

Mars finalized its acquisition of Kellanova as of December 8, 2025, after clearing all regulatory hurdles. The deal consolidates iconic brands, positioning Mars Snacking as a dominant market force in snacks.Source 8

3

Cinven, KKR, and Providence Sell Stake in MasOrange for €4.25 Billion

Private equity firms Cinven, KKR, and Providence announced the sale of their stake in Spanish telecom operator MasOrange for €4.25 billion on December 12, 2025. The transaction, advised by major banks like Goldman Sachs, is expected to complete in H1 2026 pending approvals.Source 10

4

M&A Activity Surges in Q3 with Record Deals and Premiums

Global M&A deals hit 14,720 in Q3 2025, the highest year-to-date, with average premiums rising from 15.5% to 63.25%. Highlights include Norfolk Southern's $88.4B merger with Union Pacific and Silver Lake's $53B acquisition of Electronic Arts.Source 2

5

BBVA Expands OpenAI ChatGPT Enterprise to 120,000 Employees

BBVA is rolling out ChatGPT Enterprise to all 120,000 employees across 25 countries, marking one of the largest such deployments in banking. The collaboration aims to transform global banking operations.Source 3

6

Workday Acquires Multiple AI Firms: Sana, Paradox, HiredScore, FlowiseAI, Evisort

At Workday Rising 2025, Workday announced acquisitions of AI companies Sana, Paradox, HiredScore, FlowiseAI, and Evisort to enhance enterprise user experience. CEO Carl Eschenbach stated it will change how users interact with the platform.Source 4

7

Paychex Acquires Paycor in $4.1 Billion Deal

Paychex acquired HCM platform Paycor for $4.1 billion, combining to serve 790,000 customers and boosting AI-driven HR capabilities. CEO John Gibson highlighted upmarket expansion and long-term growth opportunities.Source 4

8

Dayforce Goes Private in $12.3 Billion Deal with Thoma Bravo

HCM leader Dayforce agreed to be acquired by Thoma Bravo for $12.3 billion enterprise value, going private to accelerate growth and innovation. The deal creates opportunities in the global HCM landscape.Source 4

9

Data Center M&A Heats Up with Multi-Billion Deals

Q3 saw Shenzhen Dongyangguang's $4B and $3.9B data center acquisitions; Q4 includes Asterion's $139M Covilha deal and Phoenix's $1B US centers purchase. Four more deals are pending, signaling sector focus.Source 2

10

Atlassian Acquires The Browser Company for $610 Million

Software giant Atlassian, with $4.4B revenue, bought AI browser developer The Browser Company for $610M to deliver a browser for AI-era knowledge work.Source 4

11

SAP Completes Acquisition of SmartRecruiters

SAP finalized its August 2025 acquisition of SmartRecruiters in October, with CEO Rebecca Carr stating it builds the future of work beyond mere response.Source 4