Latest Corporate News
Apple Cuts App Store Fees in China Amid Regulatory Pressure
Apple is reducing its App Store commission in China from 30% to 25% for digital sales, effective Sunday, following regulator discussions. This applies to smaller developers and subscriptions, dropping to 12% from 15%, to ease tensions in its key market.
Associated Banc-Corp Gains Regulatory Nod for American National Acquisition
Associated Banc-Corp received approvals from the OCC and Federal Reserve for its merger with American National Corporation. The deal is set to close April 1, 2026, boosting presence in Omaha and Twin Cities markets.
Imperial Dade and BradyPLUS Complete Major Merger
Imperial Dade and BradyPLUS finalized their merger, forming a top North American distributor of JanSan, foodservice, and packaging products. The combined entity enhances scale, reach, and customer solutions with shared investors like Bain Capital.
Doeren Mayhew Acquires Florida Accounting Firm Berman Hopkins
Top 50 firm Doeren Mayhew bought INSIDE Public Accounting top 300 firm Berman Hopkins in its third 2026 M&A deal. This expands its Florida footprint, following 13 deals in 2025 and Audax Private Equity investment.
Voyager Acquisition Shareholders Approve VERAXA Biotech Merger
Voyager Acquisition Corporation gained shareholder approval for its business combination with VERAXA Biotech AG, despite 99.67% redemptions. The combined company eyes Nasdaq listing as VRXA post-closing conditions.
Cintas Acquires UniFirst in $5.5 Billion Deal
Cintas successfully acquired UniFirst for $5.5 billion on its third attempt after prior bids failed. The deal bolsters Cintas' position in uniform and facility services markets.
Blackstone Takes Majority Stake in Advanced Cooling Technologies
Blackstone agreed to acquire a majority stake in Advanced Cooling Technologies, a leader in thermal management solutions. ACT's executive team stays as key shareholders.
Alexander & Baldwin Taken Private in $2.3 Billion Deal
Commercial real estate firm Alexander & Baldwin is being taken private in a $2.3 billion transaction. The Hawaii-focused operator specializes in grocery-anchored retail assets.
Sesame Street Producer Sues SeaWorld Parent Over Royalties
The nonprofit behind Sesame Street sued SeaWorld's parent for unpaid royalties and shortening a Sesame-themed park's operations without notice. The dispute pits Big Bird against Shamu.
South Korea Big Banks See Sharp Rise in Corporate Lending to Large Firms
Corporate lending at South Korea's five largest commercial banks surged, with over half the growth directed to big companies rather than SMEs. This highlights concentration in major corporates.
Rivian Launches Mainstream Car Amid EV Market Challenges
Rivian Automotive introduces its make-or-break mainstream car as EV demand softens. CEO RJ Scaringe aims to transition from niche SUVs to broader market appeal.
Stocks Slide as Oil Surges Above $100 on Geopolitical Tensions
Global stocks are falling with oil prices holding over $100 per barrel amid Iran's threats to Strait of Hormuz and supply disruptions. U.S. allows some Russian oil sales amid shortages.