Latest Corporate News
US M&A Activity Rockets 111% with Megadeals
US mergers and acquisitions surged 111% as megadeals returned, including a proposed $85 billion merger between Union Pacific and Norfolk Southern to create a coast-to-coast railroad, facing regulatory scrutiny. Netflix launched an $82.7 billion bid for Warner Bros. Discovery's assets to consolidate streaming amid rising costs, while Devon Energy and Coterra Energy announced a $58 billion merger.
Palo Alto Networks completed a $25 billion acquisition of CyberArk, bolstering AI cybersecurity leadership.
SpaceX Acquires xAI for $250 Billion, Eyes IPO
SpaceX acquired xAI for $250 billion earlier this month, merging to advance space-based data centers and orbital computing with Starlink and Grok AI. The combined entity rumors a June 2026 IPO, potentially the largest ever, impacting market liquidity.
Portfolio manager Kevin Moss called it foundational for AI infrastructure free from Earth constraints.
Nuveen Acquires Schroders for £9.9 Billion
Nuveen announced a £9.9 billion ($13.5 billion) acquisition of British asset manager Schroders, causing shares to jump 29%. The deal, one of Europe's largest fund management transactions, signals a shift toward value stocks in the UK market.
It attracts global investors to relatively inexpensive markets.
Ricoh Acquires Chilean ValueTech for Process Automation
Ricoh announced the acquisition of ValueTech, a Chile-based digitalization firm, on February 13, 2026, to enhance process automation solutions in Latin America. The move supports Ricoh's global strategy for intelligent workplaces amid digital services growth.
Takahiro Irisa highlighted accelerating investments in high-growth areas like process automation.
KPMG: 57% of Corporates Pursue Carve-Outs in 2026 M&A
KPMG's Global M&A Outlook 2026 reveals 57% of corporates and 71% of private equity firms pursuing portfolio rationalization via carve-outs amid AI and geopolitical pressures. US private equity is most optimistic, with 75% expecting higher deal volumes and 89% higher-quality opportunities.
Technology is the top targeted sector at 43%, with execution challenges in operations and IT separation.
Canadian Executive Shuffle: Multiple CEO and Leadership Changes
Brand Factory Group named Ashley Shearer president succeeding founder Joseph Sulpizi; Altus Group appointed Rich Sarkis as CMO. Priestly Demolition named Shane Stewart president and CEO; ATB Financial selected Chris Turchansky as next CEO effective January 1.
Empire Company appointed Pierre St-Laurent as president and CEO of Sobeys effective immediately.
Bain Forecasts Continued Global M&A Momentum in 2026
Bain & Company's Global M&A Report 2026 projects strong momentum following a sharp rebound, driven by strategic buyers seeking scale and competitive edges. Private equity and sovereign wealth funds target AI and digital transformation assets.
Trends include selective transformational deals and focus on energy supply chains.
Tech Layoffs Exceed 30,000 Globally in 2026
Tech sector layoffs topped 30,000 in 2026, with the US, Sweden, and Netherlands hardest hit due to automation and AI reshaping workforces. The cuts reflect broader industry adjustments amid economic pressures.
No specific company breakdowns were detailed in reports.
Canadian M&A Highlights: Anglo Teck and Sunoco Deals
Canadian M&A outlook features a US$57 billion merger forming Anglo Teck and Sunoco LP's US$9.1 billion acquisition of Parkland Corporation. These deals underscore cross-border activity in resources.
Further transaction highlights appear in global corporate practice reviews.
Pre-Market Earnings: Enbridge, Moderna, and Others Report February 13
Companies like Enbridge (ENB), TC Energy (TRP), Cameco (CCJ), Moderna (MRNA), and Wendy's (WEN) are set to report Q4 2025 earnings pre-market on February 13, 2026. Enbridge consensus EPS is $0.60, up 13.21% YoY; Moderna has beaten expectations consistently.
Atmus Filtration (ATMU) and others show strong growth metrics versus industry peers.
M&A Trends: Energy Sector Focus on Supply Chains and Minerals
2026 M&A in energy emphasizes supply chain security, with mining surges for lithium, cobalt, copper amid EV demand. Grid modernization deals target AI data centers and EV fleets via utilities and infrastructure funds.
Mid-market activity rises with private equity buy-and-build strategies.