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A decade ago, Elon Musk saw little reason for SpaceX and Tesla Inc. to merge, saying that the ties between the two firms were “really quite tenuous.” Fast forward to 2026 and he’s now openly endorsing the idea, believing “there’s a lot of merit to combining the companies.”
Kroger Co.’s former chief executive officer testified in court that the grocery giant did what it was required to do to secure regulatory approval for a $24.6 billion merger with Albertsons Co., which is now demanding damages after the deal was blocked for antitrust reasons.
South Africa’s antitrust commission moved to revoke the approval of a merger between two of the nation’s biggest packaged food producers, saying they withheld key information about post-deal plans to shutter a fruit-canning plant.
Emera Inc. will acquire ATCO-controlled Canadian Utilities Ltd. in an approximately C$14.3 billion ($10 billion) all-share transaction, in what they say would be the largest merger between two Canadian companies.
Paramount Skydance Corp. outlined the executive leadership team that will helm the new company resulting from its acquisition of Warner Bros. Discovery Inc. David Ellison will continue to serve as chief executive officer and chairman, overseeing the company’s long-term strategy and creative vision, while co-CEO Ynon Kreiz will focus on day-to-day management. Bloomberg New Media Reporter Hannah Miller breaks down the latest news on the closely-watched merger. (Source: Bloomberg)