Latest Corporate News
Allegiant and Sun Country Airlines Sign Definitive Merger Agreement
Allegiant will acquire Sun Country in a $1.5 billion cash-and-stock deal, valuing shares at $18.89 each, a 19.8% premium. The merger creates a leading US leisure airline headquartered in Las Vegas, with Allegiant CEO Gregory C. Anderson leading the combined entity. Post-merger, Allegiant shareholders will own 67% of the group.
FIS Completes $13.5 Billion Acquisition of Global Payments' Issuer Solutions
FIS acquired the TSYS business for $13.5 billion enterprise value, rebranding it under FIS Total Issuing Solutions. This adds the world's largest issuing business to FIS's portfolio. The deal enhances FIS's financial technology offerings globally.
Global Payments Completes Worldpay Acquisition and Issuer Solutions Divestiture
Global Payments finalized its acquisition of Worldpay while divesting Issuer Solutions to FIS, positioning itself as a pure-play commerce solutions provider. The moves streamline operations and focus on merchant services.
MinRex and Electrum Announce Gold-Copper Merger for March 2026
MinRex is merging with Electrum, combining Serbian gold-copper assets with Australian projects to create a diversified explorer. The transaction, deemed transformational, is set for March 2026 pending approvals. It enhances scale and funding for discovery-focused activities.