AvalonBay-Equity Residential Merge: $52B REIT Behemoth
AvalonBay and Equity Residential agreed to an all-stock merger of equals on May 20, 2026, creating a $52B-equity, 180,000-unit apartment REIT.
capital markets
Zoom’s Anthropic Stake Hits $1.3B: A 25x CVC Win
Zoom’s Q1 FY27 filing disclosed its $51M Anthropic stake is now worth about $1.3B — roughly 25x in two years. What the markup means for corporate venture.
Japan 40-Year JGB Hits Record 4.04%: Why It Matters Globally
Japan’s 40-year government bond yield hit an all-time high of 4.04% on May 19. Inside the JGB rout — the data, drivers, and global ripple effects.
Lantheus Weighs $7B Curium Bid; Radiopharm M&A Heats Up
Lantheus Holdings (LNTH) is weighing a roughly $7 billion takeover bid from PE-backed Curium Pharma. Shares jumped 9% on the report.
Non-Traded BDC Outflows Top Inflows for First Time on Record
Stanger data shows Q1 2026 non-traded BDC gross sales of $4.9B vs $6.9B redemptions met — the first net outflow quarter ever for the $200B-plus segment.
Stellantis Bets €60B on FaSTLAne 2030; STLA Falls 6%
New CEO Antonio Filosa unveils Stellantis’ €60B FaSTLAne 2030 plan: 60 new vehicles, €36B for North America, €6B annual cost cuts. STLA fell 6.2%.
Mercury Raises $200M at $5.2B, Bids to Be a Real Bank
Mercury’s $200M Series D at a $5.2B valuation, led by TCV, signals fintech’s funding recovery as the startup pursues a U.S. national bank charter.
IMF Slashes 2026 Growth Outlook: What Capital Markets Must Now Price In
The IMF’s April 2026 World Economic Outlook delivers a stark growth downgrade. Here’s how bond, equity, and sovereign debt markets are responding.
Uber Eyes Full Delivery Hero Bid After 25% Stealth Stake
Bloomberg: Uber holds 19.5% of Delivery Hero plus 5.6% in options. A full bid on the EUR10B Frankfurt-listed delivery giant would reshape global food delivery.
Convertible Bonds Explained: When Debt Turns Into Stock
How convertible bonds work: conversion ratio, conversion premium, the bond floor, convertible arbitrage, and the four main types of converts.