Latest Corporate News News
Devon Energy and Coterra Energy Announce $58 Billion Merger
Devon Energy and Coterra Energy revealed a $58 billion all-stock merger on February 2, 2026, creating a 'super-independent' with dominance in key U.S. shale basins like Delaware, Marcellus, and Eagle Ford. The deal emphasizes value over volume, with shared leadership, HQ move to Houston, dividend hikes, and $5B buyback.
It signals further consolidation among mid-cap players.
Ryerson and Olympic Steel Complete Merger
Ryerson Holding Corporation and Olympic Steel merged on February 13, 2026, making Ryerson the second-largest North American metals service center. Ryerson issued 1.7105 shares per Olympic share, giving former Olympic shareholders 37% ownership.
The merger promises $120M in synergies, enhanced network density, and improved cash flow.
MTN and Huawei Deploy World's First Large-Scale Alpha Antenna
MTN and Huawei completed the first large-scale Alpha Antenna deployment in Ghana on February 14, 2026, boosting AI-powered networks across Africa. Post-deployment, regional traffic rose 6.8% with 30x operations efficiency gains.
It sets a benchmark for autonomous driving networks globally.
Erebor Secures Full National Bank Charter from OCC
Tech-focused lender Erebor obtained the first full national bank charter under the current administration from the OCC late last week. It follows preliminary conditional approval, marking a key step for fintech banking expansion.
This enhances Erebor's lending capabilities.
EU Commission Launches Banking Sector Competitiveness Consultation
The European Commission started a consultation on EU banking competitiveness, focusing on prudential frameworks, supervision, and crisis management. It evaluates adjustments amid geopolitical pressures and aims to boost sector resilience.
EU Leaders’ Retreat highlighted economic priorities.
Federal Reserve to Review Bank Matters Requiring Attention
The Fed will review previously issued MRAs to align with its new supervision on material risks, per Bloomberg. MRAs flag issues impacting bank ratings and operations.
This shift could ease regulatory burdens on banks.
Bithumb Crypto Exchange Botches $40B Bitcoin Giveaway
South Korean exchange Bithumb accidentally distributed over $40B in bitcoin during a prize event, prompting a regulatory probe. The firm pledged to cover losses, waived fees, and plans a Customer Protection Fund.
CEO blamed internal control deficiencies.
Law Firms Boom in M&A Amid Record 2025 Deal Activity
Law firms like Kirkland & Ellis advised on $829B in 2025 M&A, capturing major market share; 2026 expected to remain strong per JP Morgan. Firms added M&A partners, with Paul Weiss opening Houston energy office.
Top firms handled 61% of $4.6T in deals.
Fifth Third Bank Acquires Comerica
Fifth Third Bank completed its acquisition of Comerica, as discussed by Chief Strategy Officer Ben Hoffman on fraud, regulation, AI, and M&A. The deal bolsters consumer products and strategy.
Hoffman highlighted regulatory uncertainty impacts.
Sam Bankman-Fried Seeks New FTX Fraud Trial
Jailed FTX co-founder SBF is requesting a new trial, claiming false testimony in his 2023 conviction on seven fraud counts; serving 25 years. This revives legal battles in crypto collapse.
Case underscores operational risks in crypto.
Weil Advises on Multiple High-Value M&A Deals
Weil Gotshal advised SOLV Energy's $589M IPO, Goldman Sachs in Soho House take-private, and more billion-dollar transactions in early 2026. Firm ranked high in Chambers Global 2026 for M&A.
Covers sectors from energy to tech.