Latest Corporate News

📅December 12, 2025 at 1:00 PM
Major corporate mergers and acquisitions dominate today's news, including Mars' $36B Kellanova buy, Boeing-Spirit AeroSystems deal, and HR tech consolidations by Workday and others.
1

Mars Completes $36 Billion Acquisition of Kellanova

McLean-based Mars finalized its $36 billion purchase of Kellanova, adding brands like Pringles, Pop-Tarts, and Cheez-Its to its Mars Snacking portfolio.Source 4Source 5 The deal, announced in August 2024, received all regulatory approvals by December 8, 2025, positioning Mars for enhanced innovation and sustainability.Source 4Source 5Source 8 Global President Andrew Clarke called it a transformative moment uniting iconic brands.Source 5

2

Boeing Finalizes $4.7 Billion Acquisition of Spirit AeroSystems

Boeing completed its $4.7 billion acquisition of Spirit AeroSystems on December 8, 2025, including key aerostructures for 737, 767, 777, and 787 programs.Source 3 The FTC approved the deal on December 3 after requiring divestitures of Airbus-related assets and IP to address antitrust concerns, including a $439 million sale to Airbus.Source 3 Spirit's Malaysian facility was sold for $95 million to Composites Technology Research Malaysia.Source 3

3

Workday Acquires Multiple AI Firms at Workday Rising 2025

Workday announced acquisitions of AI companies Sana, Paradox, HiredScore, FlowiseAI, and Evisort to enhance user experience and enterprise capabilities.Source 2 CEO Carl Eschenbach stated the deals will change how users interact within the enterprise.Source 2 These moves bolster Workday's AI-driven HR technology suite.Source 2

4

Paychex Acquires Paycor in $4.1 Billion Deal

Paychex bought HCM platform Paycor for $4.1 billion, expanding to serve 790,000 customers with enhanced AI-driven HR tools.Source 2 CEO John Gibson noted it strengthens upmarket capabilities and growth channels.Source 2 The acquisition broadens Paychex's technology offerings.Source 2

5

Dayforce Goes Private in $12.3 Billion Thoma Bravo Deal

HCM leader Dayforce agreed to be acquired by Thoma Bravo for $12.3 billion enterprise value, becoming privately held.Source 2 The deal aims to accelerate growth, customer impact, and HCM innovation.Source 2 It creates opportunities for global expansion.Source 2

6

Netflix Announces $82.7 Billion Acquisition of Warner Bros.

Netflix revealed plans to acquire Warner Bros. for $82.7 billion enterprise value ($72 billion equity), expected to close in Q3 2026 after separating Discovery Global.Source 6 The deal, valued at $27.75 per WBD share, has sparked Hollywood outrage amid industry consolidation.Source 6 Paramount countered with a $108 billion all-cash bid at $30 per share.Source 6

7

Upwork Acquires Bubty and Ascen for Compliance Expansion

Upwork bought workplace platform Bubty and EOR firm Ascen in August 2025 to boost compliance, scalability, and services for corporate clients and contractors.Source 2 The double deal enhances integration for large enterprises.Source 2 It expands Upwork's offerings to independent workers.Source 2

8

Atlassian Acquires The Browser Company for $610 Million

Software giant Atlassian, with $4.4 billion revenue, acquired AI browser developer The Browser Company for $610 million.Source 2 The deal aims to deliver a browser optimized for AI-era knowledge work.Source 2 It combines strengths for innovative productivity tools.Source 2

9

SAP Completes Acquisition of SmartRecruiters

SAP finalized its purchase of SmartRecruiters in October 2025, after announcing intent in August.Source 2 CEO Rebecca Carr said it builds the future of work beyond mere response.Source 2 The acquisition enhances SAP's recruitment capabilities.Source 2

10

Enova Announces Agreement to Acquire Grasshopper Bank

Fintech firm Enova entered a definitive agreement to acquire Grasshopper Bank on December 11, 2025.Source 7 The deal expands Enova's financial services offerings.Source 7 Details on value and closure timeline were not specified.Source 7

11

Bluerock Acquisition Corp. Prices $150 Million IPO

Bluerock Acquisition Corp., a blank check company for mergers, priced its $150 million initial public offering, set to close December 12, 2025.Source 10 It targets future business combinations.Source 10 The SPAC aims to effect mergers or acquisitions.Source 10