Latest Corporate News
Rio Tinto–Glencore talks could create world’s largest mining company
Rio Tinto is in discussions to acquire **Glencore** in an all‑share deal that would form the world’s biggest miner, valued around **$207 billion**. Glencore shares jumped nearly 9% on the news, while Rio Tinto fell up to 3% amid investor concern about potential overpayment and deal complexity.
Under UK takeover rules, Rio Tinto has until **February 5** to make a formal offer or walk away.
Potential Rio Tinto–Glencore tie‑up increases pressure on rival BHP
Analysts say Rio Tinto’s pursuit of Glencore could spur a wider **consolidation wave** in global mining, especially in copper and other strategic minerals needed for energy transition and AI. A combined Rio‑Glencore would overtake **BHP** as the world’s largest miner by market value, raising expectations that BHP and others may respond with their own deals to secure resources.
Healthcare dealmakers eye new megamerger cycle at J.P. Morgan conference
Bankers and lawyers expect a **new wave of healthcare megamergers in 2026** that could surpass the industry’s peak years 2019 and 2021, when deals neared $500 billion. Easing uncertainty over tariffs and U.S. drug‑pricing rules, plus more forgiving antitrust scrutiny under President Trump, is emboldening large pharma groups to consider $30‑billion‑plus acquisitions and mergers of equals.
Big Pharma lines up M&A to replenish revenues and win obesity‑drug race
Ahead of the J.P. Morgan Healthcare Conference, investors are watching companies like **GSK**, **Novo Nordisk**, **AbbVie**, and **Merck** for signals on acquisition plans to offset looming patent expiries. The competitive battle over next‑generation **obesity drugs** is a key driver, highlighted by Pfizer’s winning bid of up to **$10 billion** for biotech Metsera after an intense bidding war with Novo Nordisk.
Eli Lilly moves to acquire Ventyx Biosciences for $1.2 billion
Eli Lilly has announced plans to **buy Ventyx Biosciences** in a deal valued at about **$1.2 billion**, adding to its pipeline of immune and inflammation therapies. The transaction underscores large pharma’s strategy of bolting on innovative biotechs to sustain growth as older blockbuster drugs face competitive and patent pressures.
UWM Holdings to acquire Two Harbors in $1.3 billion all‑stock deal
**UWM Holdings** is set to acquire **Two Harbors Investment Corp** in an all‑stock transaction valued at roughly **$1.3 billion**, expanding UWM’s presence in mortgage servicing. Two Harbors’ stock surged about **11–12%** after the announcement, reflecting investor optimism about expected synergies and an estimated **21% premium** for its shareholders.
Compass completes $1.6 billion acquisition of Anywhere Real Estate
**Compass** has closed its **$1.6 billion** purchase of **Anywhere Real Estate**, significantly increasing its scale in residential brokerage. The combined company now claims the **largest global and Hawaii market share** in residential real estate, positioning Compass as a leading player in both traditional and tech‑enabled brokerage services.
Hong Kong sends 61 companies to CES 2026 to accelerate global tech expansion
Hong Kong is showcasing **61 technology companies** at **CES 2026**, its largest presence to date, to promote local firms in global markets. The delegation spans AI, smart city, health‑tech, and consumer electronics, reflecting official efforts to position Hong Kong as a hub for innovation‑driven corporates seeking international growth.
Russia–India Dialogue strengthens platform for bilateral corporate projects
The **Russia–India Dialogue** is being highlighted as a key platform for expanding **bilateral entrepreneurship** and joint business projects between companies from both countries. Participants emphasized continued cooperation at major international forums, with a focus on technology, manufacturing, and energy ventures that can deepen corporate and trade links.
Energy corporates navigate sanctions, OPEC+ output, and record coal demand
Global oil and gas companies are adjusting to **tightening sanctions**, shifting trade flows, and OPEC+ output increases of nearly **3 million barrels per day** last year aimed at regaining market share. Despite decarbonization goals, **global coal demand** reached an estimated record **8.85 billion tons in 2025**, driven mainly by Asian economies, underscoring ongoing opportunities and transition risks for energy corporates.
Global economic outlook 2026 supports continued business investment, especially in AI
Economic forecasts for 2026 point to **resilient business investment**, particularly as companies compete to lead in **AI‑related technologies** and digital transformation. Deloitte projects U.S. real GDP growth of about **2.1%** in 2026, while China and India continue to post solid expansions, providing a supportive backdrop for multinational corporate capex and cross‑border deals.