Latest Corporate News News
U.S. Supreme Court Strikes Down Trump's Tariffs, Little Relief for Global Economy
The U.S. Supreme Court ruled against President Trump's use of tariffs, marking a setback but offering minimal immediate relief amid expected confusion and new measures. Analysts predict Trump will pursue alternative tariff impositions, leaving uncertainties on refunds and trade deals. Global economic activity faces ongoing crimping effects.
Trump Announces 10% Global Tariff via Executive Order Post-Ruling
Following the Supreme Court decision, President Trump stated he will sign an executive order for a 10% global tariff. This move aims to replace the struck-down levies, heightening trade tensions. It underscores his continued use of trade tools despite judicial limits.
Exact Sciences Stockholders Approve Acquisition by Abbott
Exact Sciences shareholders overwhelmingly approved its acquisition by Abbott, with over 99% of votes cast in favor representing 67% of shares. The deal offers $105 per share, expected to close by Q2 2026, enhancing Abbott's cancer diagnostics portfolio. Exact Sciences specializes in tests like Cologuard and Oncotype DX.
Ryerson Holding Completes Merger with Olympic Steel
Ryerson merged with Olympic Steel, becoming the second-largest North American metals service center. Former Olympic shareholders receive 1.7105 Ryerson shares per share, holding 37% post-merger; stock trades as RYZ from February 24. Ryerson amended its credit facility to $1.8 billion.
Capitolis to Acquire 20 Gates Management’s U.S. Secured Financing Platform
Fintech firm Capitolis signed to acquire 20 Gates Management’s platform, adding U.S. secured financing to its Capital Marketplace. The deal, closing soon, expands client base and adds industry talent; the platform has operated over 15 years. It broadens Capitolis' offerings in capital markets.
NOG and Infinity Adjust Ownership in Pending Ohio Utica Acquisition
Northern Oil and Gas (NOG) and Infinity Natural Resources adjusted ownership splits for their joint acquisition of Antero’s Utica Shale assets. The deal involves upstream and midstream interests from Antero Midstream and Resources. Announced February 19, it refines their partnership stakes.
Pokémon Company to Acquire Excell Brands
The Pokémon Company International agreed to acquire Excell Brands, a U.S. distributor and category management provider. This expands Pokémon's distribution capabilities in promotional products. The deal strengthens its North American market presence.
Canada's Oil Sands Sector Poised for Mega Merger
Analysts predict a mega merger in Canada's oil sands after $37.8 billion in 2025 deals depleted smaller targets. Companies like Canadian Natural and Suncor may consolidate amid pipeline constraints and oil price declines. U.S. trends with five mega deals signal potential.
Johnson & Johnson Eyes $20B Sale of DePuy Synthes Orthopaedics
Johnson & Johnson plans to sell its DePuy Synthes Orthopaedics business for over $20 billion. The medtech unit focuses on orthopaedics, part of broader portfolio streamlining efforts. Bloomberg reports aim to attract strategic buyers.
Evergreen Sets 30-40 Acquisition Goals for 2026 After Record Year
MSP holding company Evergreen targets 30-40 M&A deals in 2026 following 16 acquisitions in Q4 2025 and over $1B revenue. It uses a buy-and-hold strategy preserving acquired firms' brands. Double-digit organic growth supported expansion.
Net at Work Acquires OnPar Technologies to Expand MSP Footprint
Solution provider Net at Work acquired North Carolina-based OnPar Technologies, serving clients in 35 states. The deal bolsters national managed services in manufacturing, healthcare, and more; follows multiple 2025 buys. It marks about 40 acquisitions since founding.
Proofpoint Launches Upgraded Channel Program for Partners
Cybersecurity firm Proofpoint unveiled a major channel program upgrade emphasizing partner profitability and deal protection. It tops lists of winning companies amid AI and acquisition trends. Enhances partner support in cybersecurity deployments.