Latest Corporate News

📅December 6, 2025 at 1:00 PM
Major corporate news includes Netflix’s $83B Warner Bros. Discovery acquisition, HNI’s pending Steelcase deal, Aya Healthcare abandoning its Cross Country merger, and a Cloudflare outage affecting major sites, alongside EU fines and other M&A moves.
1

Netflix to acquire Warner Bros. Discovery in $83B deal

Netflix announced a definitive agreement to acquire Warner Bros. Discovery in a nearly $83 billion deal that includes HBO and HBO Max, reshaping the global entertainment landscape Source 1. The move follows a months-long bidding war with Paramount as the other front-runner Source 1.

2

HNI and Steelcase shareholders approve merger

HNI Corporation and Steelcase Inc. announced that their shareholders have approved proposals related to HNI’s proposed acquisition of Steelcase Source 2. The transaction is anticipated to close on December 10, 2025, subject to customary closing conditions Source 2.

3

Aya Healthcare walks away from $615M Cross Country deal

Aya Healthcare has terminated its proposed $615 million merger with Cross Country Healthcare, citing unspecified issues with the deal Source 5. The decision ends a major consolidation attempt in the healthcare staffing sector Source 5.

4

EU fines Elon Musk’s X €120M under Digital Services Act

The European Commission imposed a €120 million fine on Elon Musk’s platform X for alleged violations of the Digital Services Act, marking the first penalty under the law Source 1. The fine is well below the maximum 6% of global turnover allowed under the rules Source 1.

5

Cloudflare outage disrupts major websites

A Cloudflare outage on Friday affected websites including Zoom, Canva, Fortnite, League of Legends, and LinkedIn, highlighting internet reliance on a few content delivery networks Source 1. Experts warn this creates single points of failure for the global internet infrastructure Source 1.

6

Euroclear criticizes EU’s Ukraine reparations loan plan

Euroclear, the custodian of immobilized Russian assets, has criticized the EU’s proposal to use those assets for a zero-interest loan to Ukraine as fragile and risky Source 1. Belgium, where Euroclear is based, is seen as a key player in the upcoming debate on Ukraine funding Source 1.

7

Gibson Dunn advises Natera on Foresight Diagnostics acquisition

Gibson Dunn advised Natera, Inc. on its acquisition of Foresight Diagnostics, a leader in ultrasensitive molecular residual disease detection Source 4. The deal strengthens Natera’s position in precision medicine and cell-free DNA testing Source 4.

8

Omnicom Health integrates after IPG acquisition

Five days after Omnicom completed its acquisition of IPG, employees in the Omnicom Health structure are seeking clarity on return-to-office policies, severance, and other changes Source 7. The integration phase is raising questions about cultural and operational alignment Source 7.

9

Anheuser-Busch InBev to acquire 85% stake in craft brewer

Anheuser-Busch InBev announced plans to acquire an 85% stake in a craft brewery, expanding its portfolio in the premium and craft beer segment Source 6. The deal is part of AB InBev’s strategy to diversify its offerings and capture niche markets Source 6.

10

Pheton Holdings closes share acquisition deal

Pheton Holdings Ltd announced the closing of a share acquisition deal, though details of the target and terms were not fully disclosed in the brief report Source 6. The transaction is part of ongoing consolidation activity in its sector Source 6.