Latest Corporate News
Federal Reserve Poised for Third Consecutive Rate Cut
Federal Reserve officials are primed to deliver a third consecutive interest rate cut today, with frontrunner Kevin Hassett suggesting potential cuts beyond 25 basis points, signaling ongoing monetary easing amid economic adjustments.
SpaceX Plans Mega IPO Targeting $1.5 Trillion Valuation
SpaceX is advancing plans for a 2026 IPO anticipated to raise over $30 billion, aiming for a historic $1.5 trillion valuation, potentially the largest IPO ever recorded and marking a significant milestone in space industry financing.
TechStar Completes $1.67 Billion De-SPAC Transaction with Seyond
TechStar Acquisition Corporation finalized its de-SPAC merger with Seyond Holdings Ltd., securing a valuation near USD 1.67 billion and raising over USD 133 million in private equity, marking Hong Kong's largest de-SPAC deal to date focused on automotive-grade LiDAR technologies.
Novo Nordisk Acquires Akero Therapeutics for $4.7 Billion
Novo Nordisk completed its acquisition of Akero Therapeutics, paying $54 per share in cash plus contingent payments, bolstering its pipeline in metabolic disease treatments including MASH therapy candidates.
ProAmpac to Acquire TC Transcontinental Packaging for $1.51 Billion
ProAmpac announced a definitive agreement to acquire TC Transcontinental Packaging, subject to approvals, aiming to expand its global footprint in flexible packaging and material sciences in a transaction valued at over $1.5 billion.
MergerLinks Releases FY2025 M&A Advisory Firm Rankings
MergerLinks published rankings covering 459 firms globally, identifying top financial and legal advisors for mergers and acquisitions, highlighting trends shaped by mega-deals and market softer volumes across EMEA, UK, and North America.
Netflix Proposes $72 Billion Acquisition of Warner Bros. Discovery
Netflix revealed a $72 billion bid to acquire Warner Bros. Discovery, joining a major streaming platform with a renowned film studio, potentially reshaping the entertainment industry landscape pending regulatory approval.
Mars Secures EU Approval to Acquire Kellanova
Mars received European Union regulatory clearance to acquire Kellanova, merging two major snacking corporations with combined revenues of $36 billion and portfolios of leading food brands, creating a global snacking powerhouse.
Australia Implements First Under-16 Social Media Ban
Australia enacted a groundbreaking law barring social media access to individuals under 16 on major platforms like TikTok, Instagram and Facebook, reflecting growing global concerns about youth digital exposure.
US Issues Warning on European 'Civilizational Erasure' Risks
The US cautioned about existential risks facing Europe concerning cultural and civilizational shifts, highlighting geopolitical and economic challenges affecting business and policymaking in the region.