Latest Corporate News
Iran War Spikes Oil Prices to $114/Barrel, Threatening Global Economy
Oil prices exceeded $114 per barrel for the first time since 2022 due to the intensifying Iran war, jumping 25% since Friday and disrupting production and shipping. G7 ministers are meeting to discuss releasing strategic reserves, while EU leaders push for a single European energy market to mitigate impacts on businesses and households.
Economists warn the Strait of Hormuz closure risks unfillable 20 million barrel daily gap.
2026 M&A Resurgence: Private Equity Confidence Hits Record Highs
Private equity and corporate M&A activity is booming in 2026, fueled by liquidity injections enabling large deals after 2025 stability. Key transactions include a $55B take-private of Electronic Arts and $35B Capital One acquisition of Discover Financial.
Investment banks like Goldman Sachs report record deal backlogs, with AI integration driving one-third of major deals.
Devon Energy and Coterra Energy Announce $58 Billion Merger
Devon Energy and Coterra Energy revealed a $58 billion merger in February 2026, targeting the energy and utilities sector amid high oil prices. This all-stock deal aims to create a major player in U.S. oil and gas production.
It ranks among the top global M&A deals of the month.
SpaceX to Acquire xAI in Staggering $1.25 Trillion Deal
SpaceX announced plans to acquire Elon Musk's xAI for $1.25 trillion, one of the largest global M&A transactions in February 2026. The deal combines space tech with advanced AI capabilities.
It highlights massive valuations in tech and AI sectors.
Constellation Energy Acquires Calpine for $16.4 Billion
Constellation Energy finalized a $16.4 billion acquisition of Calpine to secure carbon-free power for AI data center demand. This energy sector consolidation addresses surging electricity needs from tech giants.
The deal underscores the tech-energy intersection in M&A trends.
Synopsys Acquires Ansys for $35 Billion to Dominate AI Chip Design
Synopsys completed a $35 billion acquisition of Ansys, creating an end-to-end powerhouse in silicon and system design for AI. The deal is driven by AI integration strategies in tech M&A.
It positions the combined firm as a leader in compute power for AI economies.
IBM Closes $11 Billion Acquisition of Confluent
IBM acquired Confluent for $11 billion to bolster its data infrastructure amid the AI boom. This transaction enhances IBM's capabilities in handling AI-driven data needs.
It reflects tech giants' aggressive M&A for competitive edges.
Meta Invests $14.3 Billion in Scale AI
Meta Platforms made a $14.3 billion investment in Scale AI, leveraging cash reserves for AI leadership. The move solidifies Meta's position in AI data and training amid M&A resurgence.
It exemplifies tech's use of acquisitions for proprietary AI assets.
GSK Enters Agreement to Acquire 35Pharma
GlaxoSmithKline (GSK) agreed to acquire 35Pharma, part of a hot biopharma M&A start to 2026. This follows GSK's $2.2B purchase of Rapt Therapeutics in January.
Biopharma deals doubled in value to $116.3B in 2025, signaling continued activity.
Sensei Biotherapeutics Acquires Faeth Therapeutics
Sensei Biotherapeutics announced the acquisition of Faeth Therapeutics on March 9, 2026. The deal expands Sensei's pipeline in biopharma innovation.
It contributes to the wave of biotech consolidations early in the year.
USA Rare Earth Acquires Texas Mineral Resources for $73 Million
USA Rare Earth (USAR) is acquiring all shares of Texas Mineral Resources Corp. (TMRC) for 3.8M USAR shares, valued at ~$73M. The deal bolsters USAR's rare-earth extraction and processing.
Loeb & Loeb advised TMRC in the exploration-stage mining transaction.
Cushman & Wakefield Arranges $72M Financing for Maryland Industrial Portfolio
Cushman & Wakefield secured $72M acquisition financing for seven industrial buildings near I-95 and Port of Baltimore. The portfolio targets key logistics hubs in Maryland.
CWK, with $10.3B 2025 revenue, continues leading in commercial real estate.