Latest Corporate News
BioMarin Announces $4.8 Billion Acquisition of Amicus Therapeutics
BioMarin Pharmaceutical is acquiring Amicus Therapeutics for $4.8 billion at $14.50 per share, a 30% premium, boosting Amicus stock 30.03%. The deal, BioMarin's second major buyout this year, targets rare disease treatments and is expected to close in Q2 2026.
This strengthens BioMarin's portfolio in innovative therapies for rare diseases.
Jacobio Pharma Signs Global License Deal with AstraZeneca for Pan-KRAS Inhibitor
Jacobio Pharma entered an exclusive global license agreement with AstraZeneca for JAB-23E73, receiving $100M upfront and up to $1.915B in milestones plus royalties outside China. AstraZeneca gains rights outside China while partnering on development in China.
The deal accelerates global oncology innovation for KRAS-mutated cancers.
Skydance Media Completes Merger with Paramount Global
Skydance Media finalized its merger with Paramount Global on August 7, 2025, after regulatory approvals including from FCC and EC. The $4.75B all-stock deal includes $1.5B capital addition and Oracle cloud contract talks.
It integrates assets like CBS, Paramount Pictures, and BET.
2025 Sees Resurgence of Megamergers with 63 Deals Over $10B
Global M&A activity rebounded in 2025 with 63 megadeals valued at $10 billion or more through late November. This marks the return of large-scale corporate consolidations after prior slowdowns.
Analysts review 2025 trends looking ahead to 2026.
Cursor Acquires Code Review Startup Graphite Amid AI Coding Race
AI code editor Cursor acquired Graphite, a platform used by Shopify, Snowflake, and Figma. The deal intensifies competition in AI-driven coding tools.
It enhances Cursor's capabilities in automated code review.
Rocket Lab Launches QPS-SAR-15 Satellite for iQPS, Hits 21 Launches in 2025
Rocket Lab successfully launched Japan's QPS-SAR-15 satellite from New Zealand on December 21. This marks their 21st launch and 100% mission success for 2025.
The mission deploys synthetic aperture radar technology.
Hyundai Motor Showcases WFP Partnership with IONIQ 5 EVs for Humanitarian Aid
Hyundai released films highlighting its WFP collaboration, deploying IONIQ 5 EVs and solar systems across 12 countries. The initiative saves $522K annually and supports sustainable aid operations.
It aligns with Hyundai's 'Progress for Humanity' vision.
Baker Hughes Acquisition Drives BCK Capital Stake in Chart Industries
BCK Capital initiated a position in Chart Industries after Baker Hughes' acquisition news. They bought 20,628 shares, comprising 4.4% of AUM by Q3 end.
The move reflects optimism in industrial sectors.
Paris Court Rejects Suspension of Shein E-Commerce Platform
A French court denied the government's bid to suspend Chinese fast-fashion giant Shein. The ruling allows Shein to continue operations in France.
This follows regulatory scrutiny on the platform.
Oracle in Talks for $100M Cloud Deal with Skydance Post-Paramount Merger
Oracle is negotiating a $100M-per-year cloud software contract with Skydance after its Paramount acquisition. The deal would support post-merger operations.
It was reported on July 22, 2025.
ICSB Hosts 70th World Congress in Cairo for MSMEs
The International Council for Small Business held its 70th Congress in Cairo, focusing on MSME growth worldwide. The event emphasized global small business innovation.
It featured key discussions on entrepreneurship.