So here's what's going on with Voya Financial: this US asset manager that handles about $1.1 trillion in pension and insurance products is getting some heat from an activist hedge fund called Toms Capital Investment Management (TCIM). Basically, TCIM has bought into the company and is now pushing management to think about either selling the whole thing or getting rid of some parts that aren't pulling their weight. The big issue? Voya's got this health insurance arm - the stop

Okay, so this is pretty interesting! Japan just hit the brakes on a big deal where MBK Partners, a huge South Korean private equity firm, was trying to buy Makino Milling - a Japanese machine tools company—for about ¥274 billion (around $1.7 billion). The reason? National security. Makino makes these incredibly precise machines called "mother machines" that are used to build critical stuff like aircraft engine parts. The kicker is that their equipment is widely used by Japane

Here's a pretty slick move happening right now: CapitaLand, this Singaporean property company backed by Temasek, figured out how to deal with its struggling Chinese real estate. They're basically using China's new REIT market to pass their properties off to domestic investors who actually want them. Chinese property has been a disaster for five years: too much supply, prices tanking, developers out of cash. CapitaLand, which owns offices, business parks and malls across China

On March 27, 2026, a US appeals court threw out a jaw-dropping $16.1 billion judgment against the country over its 2012 takeover of state-run oil company YPF SA. President Javier Milei is thrilled, calling it "the greatest judicial victory in national history." The truth is, they never left us - or at least, they're not leaving with $16 billion of Argentina’s money. Here's the backstory: When Argentina nationalized YPF more than a decade ago, former shareholders weren't happy

Dealmakers who started the year pumped up are now watching things get messy - again. The US military operation in Iran is throwing a wrench into what was supposed to be a killer year for M&A. Second year in a row we've seen early momentum potentially fizzle before Q1 wraps. Advisory bankers and lawyers say deal timelines are stretching out and companies are going deeper on due diligence. Deals aren't getting axed completely, but there's definitely a "pump the brakes" energy.

All those fancy financial tricks that companies use to avoid bankruptcy are mostly just buying them time before an inevitable crash. Harvard and Oxford researchers looked at 89 of these "creditor-on-creditor violence" deals and found that over 80% of companies still defaulted within three years anyway. Here's the basic setup: struggling companies go to their biggest lenders and say, "give us more money and we'll pay you back first," while essentially screwing over the smaller