Latest Corporate News News
Sompo Receives Regulatory Approvals for $3.5B Aspen Insurance Acquisition
Sompo Holdings Inc. has secured antitrust and insurance regulatory approvals to complete its acquisition of Aspen Insurance Holdings Ltd. The $3.5 billion deal advances Sompo's expansion strategy. Completion is anticipated soon, strengthening Sompo's global insurance portfolio.
Swiss Re to Acquire QBE’s Global Trade Credit and Surety Business
Swiss Re Corporate Solutions agreed to buy QBE Insurance Group's Global Trade Credit and Surety business, pending regulatory approvals. This acquisition enhances Swiss Re's commercial insurance offerings in trade credit and surety segments. The deal positions Swiss Re for growth in specialized risk management.
Blackboxstocks Merger with REalloys Approved by Nasdaq
Nasdaq approved the listing of REalloys following its merger with Blackboxstocks (BLBX), expected to close after market on February 24, 2026. The combined entity will trade as ALOY starting February 25, focusing on China-free heavy rare earth supply. This supports U.S. defense procurement with strategic MOUs and offtake agreements.
IQM Quantum Computers to Go Public via Merger with RAAQ
IQM Finland Oy, a leader in superconducting quantum computers, entered a business combination with Real Asset Acquisition Corp. (RAAQ) to list on a U.S. exchange. The deal includes over $130M in PIPE commitments and aims to make IQM the first listed European quantum company. Closing is subject to shareholder approvals and customary conditions.
Airbus, Leonardo, and Thales Announce Space Businesses Merger
Airbus, Leonardo, and Thales signed an MoU to merge their space businesses, creating a major European space player with around 25,000 employees. The move responds to growing demand for locally developed space tech amid investment hotspots in Europe. It consolidates capabilities in satellite and space systems.
Inszone Insurance Acquires Texas Agency Scarbrough, Medlin & Associates
Inszone Insurance Services expanded in Texas by acquiring Dallas-based Scarbrough, Medlin & Associates, a firm with over 40 years serving commercial property clients. This bolsters Inszone's regional presence in the insurance market. The acquisition targets growth in commercial lines.
Morgan Stanley and Merrill Breakaway Teams Form $2B RIA
Two teams from Morgan Stanley and Merrill Lynch united to launch a $2 billion RIA, marking a significant consolidation in the U.S. wealth advisory space. This reflects ongoing RIA M&A trends with international tie-ups boosting footprints. Such moves enhance competitive positioning.
EP Wealth Acquires $370M Women-Led RIA in New Mexico
EP Wealth extended its Southwestern presence by merging with a $370 million women-led firm in Santa Fe, New Mexico. The deal is part of aggressive RIA expansion strategies amid a record M&A pace. It deepens regional asset management capabilities.
Maharlika Investment Corporation Appoints New CIOO
The Maharlika fund named Kheed Nielsen Ng as its new Chief Investment and Operating Officer, signaling a focus on strategic investments and governance. This leadership change comes amid positive economic outlooks for the Philippines. It aims to enhance fund management efficiency.
Meralco Reports Strong 2025 Start with Renewables Push
Meralco highlighted core earnings growth in the first nine months of 2025, on track for full-year profit goals, with expansions in renewables under MGEN. Chairman Manuel Pangilinan emphasized gains in power distribution. The utility giant plans asset consolidation for sustainable growth.
Standard Chartered Boosts Bonus Pool 10% Amid CEO Pay Stability
Standard Chartered increased its bonus pool by 10% while CEO Bill Winters' pay remained flat. This follows strong Q4 2025 earnings and a $1.45 billion share buyback announcement. The bank signals confidence with dividend hikes and business investments.
Wall Street Slumps on AI Fears and Trump Tariff Announcements
U.S. stocks fell sharply with S&P 500 down 1%, Dow 1.7%, and Nasdaq 1.1% after Trump's 15% tariffs and AI competition worries hit cybersecurity and software firms like CrowdStrike (-9.8%). Markets react to potential AI disruptions and trade policy shifts.