Latest Corporate News
Oil Surges Above $100, Triggering Global Stock Slump
Oil prices have risen above $100 per barrel, leading to the biggest market sell-off since 'Liberation Day' and impacting global markets. Higher energy costs threaten the AI boom, with Oracle shutting down a data center plant amid rising yields and prices.
Japan's labor market data exceeded expectations at 1.4% in January.
Servier Acquires Day One Biopharmaceuticals for $2.5 Billion
Servier agreed to buy Day One Biopharmaceuticals for $21.50 per share in cash, totaling $2.5 billion equity value, to expand its rare oncology portfolio. The deal, a 68% premium over the March 5 closing price, targets pediatric low-grade glioma and other cancers with high unmet needs.
Closing is expected in Q2 2026, subject to customary conditions.
Universal Health Services to Acquire Talkspace for $5.25 Per Share
Universal Health Services (UHS) entered a deal to acquire Talkspace at $5.25 per share, broadening access to commercially insured populations. The transaction is expected to be accretive to UHS' adjusted net income post-closing and will close in Q3 2026 pending approvals.
UHS will discuss the deal at the Leerink Partners conference on March 9, 2026.
Lisata Therapeutics Acquired by Kuva Labs for $5 Plus CVR
Lisata Therapeutics will be acquired by Kuva Labs for $5.00 per share in cash plus a $1.00 contingent value right per share. The board unanimously recommends stockholders tender shares, with closing expected in Q2 2026.
The deal follows a strategic review and lacks a financing condition.
TRUBAR Acquired by ETi Gıda for $173 Million
ETi Gıda bought 100% of protein bar brand TRUBAR for $173 million in cash, with no earn-out, to fuel North American and global growth. TRUBAR's founder and team remain in place, leveraging ETi's manufacturing and infrastructure.
The acquisition positions both for long-term snacking market expansion.
Plum Acquisition IV Merges with Controlled Thermal Resources in $4.7B Deal
Plum Acquisition Corp. IV agreed to merge with Controlled Thermal Resources, valuing the geothermal power and lithium producer at nearly $4.7 billion. The combined entity focuses on energy and critical minerals production.
Details on closing timeline were not specified in announcements.
RED Global Acquires US Consulting Firm LRB Group
RED Global acquired North Carolina-based LRB Group to expand its US presence in Workday consulting. The deal aligns with RED's growth strategy, combining LRB's expertise with RED's global infrastructure.
Financial terms undisclosed; LRB brand continues post-acquisition.
Calisa Acquisition Corp Enters Merger with GoodVision AI
Calisa Acquisition Corp (ALIS) announced a merger agreement with GoodVision AI, approved by both boards. The transaction is slated for completion in the second half of 2026.
It aims to integrate AI vision technology into public markets.
Bobit Business Media Acquires Roadz Partner Portfolio
Bobit Business Media expanded its fleet technology platform by acquiring key partner assets from Roadz. The move strengthens digital sourcing for fleet tech providers.
Announced recently amid active M&A in logistics.
Fleetworthy Unifies Brands Under Single Platform
Fleetworthy consolidated Bestpass, Drivewyze, and CPSuite into one platform to streamline fleet readiness and cut costs. The unification reduces vendor complexity for fleets.
Part of ongoing consolidation in fleet management.
Oil Hits Highest Price Since 2023 Amid Geopolitical Tensions
Oil surged to its highest level since 2023, driven by global factors including potential impacts from Iran leadership changes. The rally contributes to broader market pressures.
Energy supply shifts in Venezuela and Western Hemisphere noted.