Latest Corporate News News
Old Glory Bank Announces $250M SPAC Merger with DAAQ
Old Glory Bank will merge with Digital Asset Acquisition Corp (DAAQ) in a $250 million deal to create a Nasdaq-listed OGB Financial Company offering banking and crypto services. The transaction includes $176 million in DAAQ's trust and at least $50 million in additional PIPE funding, expected to close in Q1 or early Q2 2026.
Ben Carson will serve as chairman of the merged entity.
Swiss M&A Market Hits $166.8B in 2025 Led by Holcim's Amrize Spin-Off
Switzerland recorded 502 M&A transactions worth USD 166.8 billion in 2025, outperforming the prior year, with Pharmaceuticals & Life Sciences at $53 billion. The largest deal was Holcim Ltd.'s $33.7 billion spin-off of Amrize Ltd., followed by Novartis' $12 billion acquisition of Avidity Biosciences.
Baloise-Helvetia merger ranked third at $10.8 billion.
Calera Capital Acquires ReVamp Companies for Growth Expansion
Calera Capital, a middle-market private equity firm, acquired ReVamp Companies, a provider of specialty floor coatings, fencing, and decking services. The deal, completed in early January 2026, partners with founder Jeff Gear to accelerate growth and expand footprint as Calera's sixth Fund VI investment.
Baker McKenzie advised on the transaction.
STG Partners Acquires thinkFolio from S&P Global
Private equity firm STG acquired thinkFolio, a software platform, from S&P Global, with Paul Hastings providing legal advice. The deal focuses on software, data, and analytics sectors.
Details on valuation and timeline were not disclosed.
D Boral Arc Acquisition I Corp Announces Merger with Exascale Labs
D Boral Arc Acquisition I Corp (BCAR) entered a merger agreement with Exascale Labs Inc on January 13. This SPAC deal is part of recent announcements including amendments to other SPAC mergers.
Specific valuation details for Exascale were not specified.
JLL Forecasts UK Commercial Real Estate Investment Surge to £48B in 2026
UK commercial property investment is projected to reach £43-48 billion in 2026, up 15% from 2025, due to improving finance conditions. Investors are responding to better predictability in financing.
This forecast comes amid broader European market trends.
Paris Maine-Montparnasse Tower Secures €1B Renovation Agreement
Paris City Hall and tower owners signed an accord for a €1 billion overhaul of the 1970s mixed-use complex, adding housing, retail, and civic spaces. The project includes a tree-lined promenade and open ground floor to reconnect with the city.
Architect plans aim to revitalize the site.
Microsoft Launches 'Good Neighbor' Policy for AI Data Centers
Microsoft will pay more for electricity, use less water, and avoid tax breaks for its AI data centers amid backlash. The policy responds to criticisms from President Trump on utility costs from data center boom.
It emphasizes job creation and community tax contributions.
OneIM Acquisition Corp Launches $250M SPAC IPO
Oneim Acquisition Corp (OIM) priced a $250 million SPAC IPO on January 14. This follows recent SPAC IPOs like Lafayette Digital ($250M) and others totaling hundreds of millions.
SPAC activity remains robust in early 2026.
Novartis Acquires Avidity Biosciences for $12B in Major Pharma Deal
Novartis AG purchased Avidity Biosciences Inc. for $12 billion, ranking second in Swiss M&A volume. The deal highlights ongoing pharma consolidation.
BioSpace notes active biopharma M&A including Sanofi's Dynavax acquisition.
German Commercial Investment Stagnates at €23-25B in 2025
Germany's commercial real estate deals totaled €23-25 billion in 2025, flat from prior year and below expectations. Office, logistics, and retail each around €6 billion, with Q4 strongest at €7.5 billion.
Improved price realism drove late activity.
Ali Health and AI Medical Stocks Surge in Hong Kong
Ali Health (00241.HK) rose 18.96%, Qiutai Technology up 14.06% expecting 400-450% profit growth in 2025. AI medical and application sectors led gains amid high Hang Seng turnover of HK$340B.
Insurance and lithium stocks declined.