MILWAUKEE – October 28, 2026 -- A. O. Smith Corporation (NYSE: AOS) agreed to sell an 81% interest in its China business to alternative asset manager CPE, valuing the unit at approximately $400 million on a cash-free, debt-free basis. The company will keep a 19% stake and sign a long-term brand licensing agreement.

MENLO PARK – October 27, 2026 -- Meta Platforms raised the size of its Class A common stock offering to $25.0 billion from $22.5 billion and priced a parallel offering of 6.50% mandatory convertible preferred stock expected to net about $12.5 billion.

Emeryville – October 14, 2026 -- Goldman Sachs named UPSIDE Foods CEO Uma Valeti, M.D., one of its Most Exceptional Entrepreneurs of 2026 at the Builders and Innovators Summit in Healdsburg, California. The bank selected Valeti from multiple industries for the honor.

Eagan, Minn. – October 12, 2026 -- Solventum (NYSE: SOLV) said it intends to separate its Health Information Systems business, a healthcare software unit with $1.4 billion in annual sales, and is targeting completion within 12 to 18 months.

The move is the latest step in the company's three-phase transformation strategy. Solventum's Board of Directors and management expect the separation to leave a dedicated MedTech company focused on its MedSurg and Dental Solutions businesses.

Columbus – October 12, 2026 -- American Electric Power (Nasdaq: AEP) has launched a registered underwritten offering of $2.6 billion of common stock, structured around forward sale agreements with three banks.

BofA, Goldman Sachs and Morgan Stanley lead the underwriting

BofA Securities, Goldman Sachs & Co. LLC and Morgan Stanley are acting as joint book-running managers. Subject to certain conditions, the forward counterparties or their affiliates are expected to borrow all shares from third parties and sell them to the underwriters.

Armonk, N.Y. – October 01, 2026 -- IBM has elected Frank Baker, 53, Co-founder and Managing Partner of Siris Capital Group, to its board of directors, effective October 1, 2026.

Siris Capital has deployed more than $9 billion in equity across tech and data-focused companies

Baker oversees Siris' portfolio and leads its investment strategy, focusing on value creation in established technology firms with mission-critical products navigating technological shifts.

New York – October 01, 2026 -- Sharon AI Holdings Inc. (NASDAQ: SHAZ) has closed its inaugural US$356 million committed senior secured, GPU-backed SPV debt facility, priced at a fixed rate of 9.95% excluding fees.

Bengaluru – September 25, 2026 -- Keystone, a global advisory firm, has launched Keystone India with Bengaluru as its first hub in the country, planning to hire talent and expand its workforce over the next two years to serve multinational clients navigating India's regulatory complexity and AI disruption.

New York – September 22, 2026 -- Grafine Partners has hired Suzanne Flannery as Managing Director and Head of Strategic Initiatives, a newly created role at the principal investment firm focused on the lower middle and middle market.