Latest Corporate News News
CPP Investments and Goodman Launch A$14 Billion European Data Centre Partnership
Canada Pension Plan Investment Board (CPP Investments) signed an agreement with Goodman Group for a A$14 billion (€8 billion) European data centre partnership targeting key Tier 1 markets like FLAP. This expands their longstanding partnership since 2009, combining Goodman's development capabilities with CPP's digital infrastructure expertise.
The transaction will settle in phases, expected to complete by March 2026.
Google Plans $32 Billion Acquisition of Wiz; HPE Completes $13.4 Billion Juniper Networks Deal
Google announced plans to acquire cloud security firm Wiz for $32 billion, while HPE completed its $13.4 billion acquisition of Juniper Networks in 2025's top tech M&A deals. These moves reflect established IT firms bolstering AI and cybersecurity portfolios.
Other notable deals include Capgemini's $3.3 billion purchase of WNS and Cisco's acquisition of NeuralFabric.
Global M&A Surge Tops $463 Billion in December, Bankers Work Through Holidays
Global mergers and acquisitions announced in December reached $463.6 billion, up 30% from last year, including Trump Media's $6 billion merger with TAE Technologies and IBM's $11 billion buy of Confluent. A private equity group led by Permira and Warburg Pincus agreed to acquire Clearwater Analytics for $8.4 billion.
Morgan Stanley reports broad activity across sectors.
Permira and Warburg Pincus to Acquire Clearwater Analytics for $8.4 Billion
Investor group led by Permira and Warburg Pincus will buy investment software maker Clearwater Analytics Holdings for about $8.4 billion, including debt. The deal, announced December 21, awaits stockholder and regulatory approvals, expected to close in H1 2026.
Kirkland & Ellis advised on the transaction.
Ford Motor Announces $19.5 Billion Write-Down on EV Models
Ford disclosed a $19.5 billion write-down linked to discontinuing electric vehicles like the F-150 Lightning. The move shifts toward hybrids with gasoline generators for extended range up to 700 miles and better towing.
This follows trends like Scout Motors' range extender models.
Heritage Commerce Corp to Merge with CVB Financial Corp in $811 Million Deal
Heritage Commerce will merge into CVB Financial's Citizens Business Bank in an all-stock transaction valued at $811 million, or $13.00 per HTBK share. The combined entity creates a top California business bank with $22 billion in assets and over 75 branches.
A conference call was held December 17 to discuss details.
Actively Managed ETFs Reach Record $1.86 Trillion in Assets
Assets in actively managed ETFs listed globally hit a record US$1.86 trillion by end-November, with 68 consecutive months of net inflows. Dimensional leads with $250 billion (13.4% share), followed by JP Morgan ($244 billion) and iShares ($111 billion).
The S&P 500 rose 17.81% YTD amid strong market performance.
Cintas Proposes $275 Per Share Cash Acquisition of UniFirst
Cintas proposed acquiring UniFirst for $275.00 per share in cash, a 64% premium to UniFirst's 90-day average price as of December 11. This uniform and facility services deal aims to expand Cintas' market position.
Details on valuation and timeline were highlighted in the announcement.
Harbour Energy Acquires LLOG Exploration for $3.2 Billion
Harbour Energy entered an agreement to buy LLOG Exploration Company LLC from LLOG Holdings for $3.2 billion. This strategic acquisition bolsters Harbour's position in the energy exploration sector.
The deal underscores ongoing consolidation in oil and gas.
Fulgent Genetics to Acquire Bako Diagnostics and StrataDx
Fulgent Genetics agreed to acquire assets of pathology labs Bako Diagnostics and StrataDx to expand its laboratory services. Bako is in Alpharetta, GA, and StrataDx in Lexington, MA, enhancing Fulgent's dermatopathology capabilities.
Announced December 22, it supports Fulgent's tech-based growth.
TPG to Acquire Majority Stake in Utility Management Firm Conservice
TPG signed a deal via its Capital platform to acquire a majority stake in Conservice, joining investor Advent International. Conservice provides utility management for property management, targeting operational efficiencies.
The transaction was announced December 22.
Fujifilm Completes One of Japan's Largest Bio CDMO Facilities
FUJIFILM Corporation celebrated completion of a major bio CDMO plant at its Toyama site on December 23. This facility strengthens Fujifilm's position in biopharmaceutical contract development and manufacturing.
It represents significant infrastructure investment in Japan's biotech sector.