Business · Week of Oct 26, 2026
Energy and healthcare deals lead the week in business releases
Deal announcements dominated, led by EQT's all-stock bid for Range Resources and HealthSpan Partners' $5.7 billion purchase of Surgery Partners.
Acquisitions were the main thread in this week's business releases. EQT Corp agreed to acquire Range Resources in an all-stock deal it says creates a natural gas company with a pro forma enterprise value over $50 billion, while Ovintiv agreed to buy Logan Energy Corp. for approximately $890 million (C$1.26 billion) in cash to expand in the Montney. Outside energy, HealthSpan Partners agreed to acquire Surgery Partners in an all-cash deal valued at approximately $5.7 billion, High Liner Foods agreed to be acquired by Umios for C$27.00 per share in cash, and S&P Global completed its purchase of OpenZeppelin.
Cash was the preferred currency in most of the announced deals, with EQT the exception. Third-quarter results came from Easterly Government Properties and MainStreet Bancshares, the latter pointing to ongoing commercial real estate credit work, and iQSTEL closed a non-convertible debt financing tied to its Ultranet telecom platform in West Africa.
Easterly Government Properties, Inc.
EASTERLY GOVERNMENT PROPERTIES
Easterly Government Properties reported third-quarter net income of $5.7 million, or $0.12 per fully diluted share, and Core FFO of $38.0 million, or $0.78 per share, and said it renewed USCIS - Lincoln on a new 15-year lease. The REIT also says it paid off the USFS II - Albuquerque mortgage note with $6.4 million of cash and received full repayment of the $35.6 million Bedford construction loan.
MainStreet Bancshares, Inc.
MainStreet Bancshares, Inc.
MainStreet Bancshares reported third-quarter net income of $3.6 million, or $0.43 per common share, with net interest income rising to $18.8 million for a fourth consecutive quarterly increase. The company added a $1.9 million provision for credit losses as part of what it calls targeted credit remediation, as executives say they are working through commercial real estate nonperforming assets.
High Liner Foods Incorporated
High Liner Foods Enters into Agreement to Be Acquired by Umios for C$27.00 per Share in Cash
High Liner Foods agreed to be acquired by Umios for C$27.00 per share in cash. The company says the fully financed offer pairs Umios' global sourcing capabilities with High Liner Foods' processing expertise and brands to form a North American growth platform.
EQT Corp
EQT Announces Strategic Acquisition of Range Resources, Creating America’s Undisputed Natural Gas Champion
EQT agreed to acquire Range Resources in an all-stock transaction that the companies say creates a natural gas producer with a pro forma enterprise value over $50 billion. EQT says the combined company will have more than 9 Bcfe/d of net production, more than 30 years of inventory across nearly 3 million net acres and more than 3,700 miles of midstream infrastructure.
Surgery Partners, Inc.
HealthSpan Partners to Acquire Surgery Partners, Establishing a Leading Outpatient Surgical Care Platform
HealthSpan Partners, an affiliate of Bon Secours Mercy Health, agreed to acquire Surgery Partners in an all-cash transaction valued at an enterprise value of approximately $5.7 billion, with shareholders other than Bain Capital affiliates receiving $23.50 per share. Bain Capital affiliates will roll over their shares and remain a significant partner, and the companies say the deal creates one of the country's largest outpatient surgical care platforms.
Ovintiv Inc.
Ovintiv Inc.
Ovintiv agreed to acquire Logan Energy Corp. in an all-cash transaction valuing Logan at approximately $890 million (C$1.26 billion) including expected Net Debt at closing. Ovintiv says the bolt-on deal adds approximately 420 net oil well locations, approximately 266,000 net acres in the Montney oil window and about 20 MBOE/d of current production near its existing operations.
S&P Global
S&P Global Completes Acquisition of OpenZeppelin
S&P Global completed its acquisition of OpenZeppelin, which it describes as the security standard for onchain finance. The transaction, first announced on September 17, 2026, adds to S&P Global's risk assessment capabilities, the company says.
iQSTEL
IQST - IQSTEL Closes Two-Year Non-Convertible Financing for Ultranet, a Profitable $131 Million-Revenue West African Telecom Platform Expected to Make IQSTEL Cash-Flow Positive on a Consolidated Basis
iQSTEL closed up to $3 million in two-year senior secured, non-convertible promissory notes for Ultranet, a West African telecom platform. iQSTEL says Ultranet generated $130.9 million in 2025 revenue, up 30%, with $5.0 million in EBITDA and $4.6 million in net income, and expects it to make iQSTEL cash-flow positive on a consolidated basis.
This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not Super Growth Media reporting.