Latest Corporate News News
Paramount Wins $170 Billion Bidding War for Warner Bros.
Paramount secured a monumental $170 billion acquisition of Warner Bros. over Netflix, marking one of 2026's largest mega-deals amid a trend of fewer but bigger M&A transactions. This transformative deal joins other high-stakes mergers like Devon Energy's $58B Coterra purchase.
The M&A landscape shows strategic bolt-ons gaining traction over mega-mergers due to regulatory and geopolitical pressures.
Google Completes $4.75 Billion Acquisition of Intersect Power
Google finalized its US$4.75 billion purchase of renewable energy developer Intersect Power to power data center expansions, focusing initially on California and Texas solar-plus-storage projects. The deal involves spinning off Intersect's grid-tied business into IPX Power as an independent producer.
It aligns with big tech's push for self-supplied energy under the 'ratepayer protection pledge'.
Voyager Acquisition Corporation Approves Merger with VERAXA Biotech
Shareholders approved Voyager's business combination with VERAXA Biotech AG, with 99.67% redemptions leaving $885,556 in trust; the combined entity awaits Nasdaq listing as VRXA. The deal, initiated in April 2025, positions the company in oncology-focused biotech.
Closing depends on Nasdaq approval and customary conditions.
Agero Agrees to Acquire Urgently for $5.50 Per Share
Agero entered an agreement to buy Urgent.ly for $5.50 cash per share, expanding tech-driven roadside assistance in automotive, fleet, rental, and insurance markets. This bolsters Agero's white-label digital services portfolio.
The acquisition targets innovative mobility solutions.
Eaton Completes Acquisition of Boyd Thermal
Eaton finalized its purchase of Boyd Thermal, a leading liquid-cooling solutions provider, to create grid-to-chip solutions for data centers. The deal enhances Eaton's capabilities in cooling technology.
It supports growing data center infrastructure demands.
Advantage Capital Holdings Signs Deal with Oaktree for Insurance Stake
Advantage Capital Holdings and Oaktree Capital signed a master transaction for Oaktree to acquire a controlling stake in Atlantic Coast Life Insurance Company. A-CAP manages over $16 billion in assets.
The deal involves Oaktree's alternative investment expertise.
Moneycontrol Hosts Global Wealth Summit 2026 in Mumbai
Moneycontrol's second Global Wealth Summit, themed 'The Capital Reset,' convenes investors and policymakers on March 14 to discuss AI investing, sustainable finance, and market dynamics. Over 45 speakers and 400 participants will explore wealth strategies amid volatility.
IDFC FIRST Bank presents the event with Reliance as associate partner.
Sustainable Markets Initiative CEO Summit Yields Major Partnerships
Global CEOs and investors at Hampton Court Palace announced partnerships and collaborations to accelerate sustainable transitions. The March 14 summit focused on business leaders advancing green initiatives.
It highlights momentum in sustainable finance and policy.
2026 M&A Mega-Deals Surge with Devon Energy's $58B Coterra Acquisition
Devon Energy announced a $58 billion merger with Coterra Energy on February 2, leading 2026's mega-deals list exceeding $5B. Other notable deals include Boston Scientific's $14.5B Penumbra buy and Nuveen's $13.5B Schroders acquisition.
Trends indicate fewer deals but higher stakes due to market shifts.
Global Infrastructure Partners and EQT Acquire AES Corporation for $10.7B
BlackRock's Global Infrastructure Partners and EQT announced a $10.7 billion acquisition of AES Corporation on March 2. This infrastructure mega-deal reflects renewed interest in energy assets.
It aligns with 2026's pattern of large-scale consolidations.