Merger

Robex Resources filed an addendum revising its statutory plan of arrangement with Predictive Discovery. The amended exchange ratio is 7.862 Predictive shares per Robex share, giving former Robex shareholders about 46.5 % of the combined entity and Predictive shareholders roughly 53.5 % on a fully‑diluted basis. The pro‑forma market capitalisation is A$1.252 billion with 5.09 billion securities and accumulated losses of A$125.4 million (June 30 2025). The special shareholders’ meeting is now set for December 30 2025; proxy and CDI voting deadlines are December 29 and December 28, respectively.

Pinnacle Financial Partners and Synovus Financial Corp. received Federal Reserve approval for their merger, expected to close on January 1, 2026. Shareholders approved the deal on Nov. 6, 2025. The combined company, with approximately $116 billion in assets, will be a regional powerhouse in the Southeast. Post-merger, headquarters will be in Atlanta, GA, with Pinnacle Bank based in Nashville, TN. Full system and brand conversion is planned for completion by the first half of 2027.

Union Pacific (UNP) and the International Brotherhood of Boilermakers (IBB) reached a labor agreement ensuring job security for boilermakers amidst the proposed merger with Norfolk Southern, which aims to create the first coast-to-coast rail network in the U.S. This is the fourth such agreement UNP has secured with national unions, signaling growing confidence in the merger’s potential benefits. The deal seeks to mitigate potential labor disruptions and establish a more efficient and resilient supply chain, benefiting employees, customers, and the American economy. Analysts predict this move will optimize freight transportation.

QNB Corp. (QNBC) reported Q3 2025 net income of $3.65M ($0.98 diluted EPS), with YTD net income up 20.4% to $10.11M ($2.72 diluted EPS). Results include $519K in merger costs. Key drivers include rising net interest income and loan growth. QNB is acquiring Victory Bancorp, creating a company with ~$2.4B in assets. Non-performing loans increased to $8.95M.

Alcon and STAAR Surgical announced the postponement of STAAR’s Special Meeting of Stockholders regarding their proposed merger. Originally scheduled for October 23, 2025, it’s now set for November 6, 2025. The record date for voting eligibility remains September 12, 2025. The merger aims to strengthen Alcon’s refractive surgery market position through STAAR’s ICL technology. Analysts suggest regulatory reviews and due diligence contributed to the delay. The combined entity anticipates innovation in intraocular lens technology but faces integration challenges and market competition.

Predictive Discovery (PDI) and Robex Resources announced a merger on October 5, 2025, aiming to create a West Africa-focused gold producer. Robex shareholders will receive 8.667 PDI shares per Robex share. The combined company targets >400kozpa Au production by 2029, with Mineral Resources ≈9.5Moz Au and Ore Reserves ≈4.5Moz Au, implying a market cap of ~A$2,350m. The deal, expected to close in December 2025 or early 2026, requires approvals from the court, TSX-V, and Robex shareholders.

Mount Logan Capital and 180 Degree Capital completed their all-stock merger, forming Mount Logan Capital Inc. (MLCI), which will trade on NASDAQ starting September 15, 2025. The deal, valued at US$122.7 million (US$9.43/share), results in Mount Logan shareholders owning 56.4% and 180 Degree Capital shareholders owning 43.6%. MLCI plans a US$15 million tender offer and up to US$10 million in repurchases over the next 24 months. The merger aims to create a stronger asset management platform with improved NASDAQ access.

Nuclear Fuels Inc. shareholders approved the merger with Premier American Uranium Inc. with 95.08% support. Nuclear Fuels shareholders will receive 0.33 shares of Premier American Uranium for each share held. The deal still requires court and exchange approvals, with closing expected around August 25th. The combined entity aims to become a key player in the U.S. uranium sector, driven by growing demand for clean energy and the need for secure domestic uranium supplies. The merger will combine Nuclear Fuels’ exploration assets with Premier American Uranium’s development expertise.

CMB.TECH’s merger with Golden Ocean is progressing, with Golden Ocean shareholders voting on approval August 19, 2025. The stock-for-stock merger entails an exchange ratio of 0.95 CMB.TECH shares per Golden Ocean share. Pending shareholder approval and secondary listing on Euronext Oslo Børs, the merger is expected to close around August 20, 2025, initiating trading of new shares on multiple exchanges. The company has received demand letters and faces potential dissenting shareholder actions and legal proceedings, and must complete Golden Ocean’s refinancing.

ChoiceOne Financial Services (COFS) reported its Q2 2025 financial results following its merger with Fentura Financial on March 1, 2025. The merger added approximately $1.8 billion in assets. Q2 net income was $13.53 million, up from $6.59 million year-over-year, while the six-month period resulted in a net loss largely due to merger-related expenses. GAAP net interest margin increased to 3.66%. Core loans grew organically by 10.0% over the past year. Assets reached $4.3 billion.