Latest Corporate News News
MetLife Investment Management Completes $1.2B Acquisition of PineBridge Investments
MetLife Investment Management has finalized its purchase of PineBridge Investments from Pacific Century Group, creating a combined entity managing $734.7 billion in assets. The deal, announced in December 2024, excludes PineBridge’s private equity and China JV, with over half of assets from non-US investors.
Brian Funk will lead the new senior team.
Mandarin Oriental Clears Final Hurdle for Jardine Matheson Takeover
Mandarin Oriental confirmed the $925M sale of One Causeway Bay property to Alibaba affiliates, satisfying the last major condition for its acquisition by Jardine Strategic. Proceeds fund a 60-cent special dividend payable January 22; court hearing set for January 15.
Shares suspend trading January 16, delisting January 20.
Johnson & Johnson Acquires Halda Therapeutics for Prostate Cancer Therapy
Johnson & Johnson bought Halda Therapeutics, gaining HLD-0915, a clinical-stage prostate cancer drug, enhancing its oncology portfolio. The acquisition builds on J&J's two decades of innovation in the field.
Details on deal value undisclosed.
Robex Resources and Predictive Discovery Advance Gold Mining Merger
Robex shareholders approved a 94.54% merger with Predictive Discovery, combining Kiniero and Bankan projects into a leading West African gold producer. Robex holders get 7.86 Predictive shares each, owning 46.5% post-merger; completion expected Q1 2026.
Kiniero achieved first gold pour December 21.
Hon Hai Precision (Foxconn) to Release December Revenue Data
Foxconn will publish monthly December revenue today, serving as a key indicator of holiday electronics demand. Investors watch year-on-year growth amid Q4 2025 earnings season start.
No major S&P 500 or other index firms report today.
Cazaly Resources Sells Romano Gold Project to Dundas Minerals
Cazaly agreed to sell its Romano Gold Project for $500,000 cash and shares, retaining 20% interest while focusing on Goongarrie. Dundas gains exposure to underexplored Western Australia gold region.
Transaction allows Cazaly to streamline assets.
No Major Corporate Earnings Expected on January 5
Corporate reporting calendar is calm with no Q4 2025 results from S&P 500, Euro Stoxx 50, Nikkei 225, or MOEX firms. Investors focus on macro data like PMIs and ISM manufacturing.
Earnings season has yet to commence.
US Firm Closes $85M Cross-Border Acquisition of European Tech Company
A US advanced manufacturing leader acquired a European precision tech firm for $85M, navigating HSR filings and export controls. Deal optimized capital stack and resolved lender covenants for post-acquisition integration.
Senior-led legal strategy ensured swift execution.
Jackery Launches Solar Gazebo and Mars Bot at CES 2026
Jackery expanded its home backup solutions outdoors with Solar Gazebo and autonomous Solar Mars Bot unveiled ahead of CES. Products target yard power needs.
Announcement made January 4.
MetLife Unveils New Leadership for Combined MIM-PineBridge Entity
Post-acquisition, MetLife named a senior team blending talent from both firms, led by President Brian Funk. Focus on institutional scale and global specialization.
John McCallion emphasized market opportunity capture.
Mandarin Oriental to Pay Special Dividend Post-Property Sale
Sale completion enables 60 cents per share special dividend on January 22 to shareholders of record January 9. Ex-dividend trading starts January 8.
Funds from One Causeway Bay disposal.