Latest Corporate News
Glencore and Rio Tinto Resume $260 Billion 'Glen Tinto' Merger Talks
Mining giants Glencore and Rio Tinto have restarted preliminary discussions for a potential $260 billion merger, dubbed the most obvious deal in mining. Talks, the third round since 2014, focus on synergies in copper, aluminium, and other commodities, with Rio Tinto required to announce intentions by February 5. Valuation and Glencore's coal operations remain key hurdles.
Coeur Mining Releases Supplemental Disclosures Ahead of New Gold Merger Vote
Coeur Mining provided additional SEC disclosures on its $7 billion merger with New Gold, set for stockholder vote on January 27. New Gold shareholders will receive 0.4959 Coeur shares each, gaining 38% ownership in the combined entity. Moody's is reviewing both for potential rating upgrades.
CCL Industries Signs Agreement to Acquire ALT Technologies
CCL Industries announced an agreement to acquire ALT Technologies for its CCL Design division on January 16. The deal aims to enhance CCL's capabilities in design and labeling technologies. Details on valuation and closing timeline were not specified in the announcement.
Amgen Acquires Dark Blue for $840 Million AML Drug
Amgen completed its $840 million acquisition of UK biotech Dark Blue, gaining an acute myeloid leukemia drug candidate. The deal bolsters Amgen's oncology portfolio with promising early-stage assets. Announced earlier in January, it highlights ongoing pharma M&A activity.
AI Boom Drives Tech Giants to Restart Nuclear Plants and Build Reactors
Microsoft signed a 20-year deal to restart Three Mile Island's Unit One to power AI data centers. Google agreed to buy power from small modular reactors by 2030 and explores space-based solar for AI. Surging AI energy demands are accelerating global nuclear investments.
US Imposes New Sanctions on Iranian Shadow Banking Network
The US sanctioned an Iranian official and 18 individuals in companies linked to a shadow banking network amid protests. Treasury Secretary Scott Bessing called the measures mostly symbolic, blocking US asset access. This targets Iran's financial evasion tactics.
Kathleen Kennedy Departs from Disney and Star Wars
Disney executive Kathleen Kennedy is leaving her role overseeing Star Wars, marking the end of an era for the franchise. The departure follows years of leadership amid fan debates and box office challenges. No successor details were immediately announced.
Palmarejo Gold-Silver Complex Expansion by Coeur Mining
Coeur Mining announced its largest exploration effort since 2012 at the Palmarejo complex in Mexico, expanding resources. This coincides with the New Gold merger and amid precious metals price pullbacks affecting miners like Barrick and Newmont. The move aims to boost production capacity.
President's 10% Credit Card Rate Cap Proposal Faces Lawmaker Opposition
The President's proposal for a yearlong 10% cap on credit card rates has drawn opposition from lawmakers. Announced late last week, it seeks to ease consumer debt burdens amid high interest environments. Banking industry pushback is expected to intensify.
Merger Arbitrage Calendar Highlights Busy January 2026 Activity
Inside Arbitrage's calendar shows multiple upcoming mergers, with premium access revealing full details including search features. January features active M&A in various sectors amid a robust deal environment. Free users see current month overviews only.
Pharma M&A Wave Continues with Biotech Deals
The Pharma Letter reports ongoing mergers in biotech, including Amgen's recent acquisition as part of a broader trend. Daily roundups track industry consolidation for competitive edges. Subscriptions provide email updates on key transactions.
Mining M&A Momentum Carries into 2026
Mining sector mergers picked up in 2026 where 2025 left off, led by Glen Tinto talks and others. Reports note heightened activity amid commodity demand, especially copper for energy transition. Investor focus remains on deal structures and premiums.