M&A Update – June 23

– BLD / QXO filed delisting notice, closing July 1
– CWAN / Permira / Warburg Pincus filed delisting notice, closing June 25
– SILA / OWL filed delisting notice, closing July 1
– WTRG / cleared Virginia State Corporation Commission, closing Q1 2027
– CCRN / Knox Lane cleared HSR, closing Q3 2026
– TBRG / IKS cleared HSR
– CNTA / LLY received court approval, closing June 24
– SES.to / GFL.to priced $750 million in senior notes
– TWO vote
– FCR-U vote
– GDOT vote

SPAC Update – June 23

– GHXIU $312 million IPO
– LOKV / TMS deal closed
– KVAC filed PRE14a to extend deadline
– NOEM filed PRE14a to extend deadline
– CCAQ filed PRE14a to extend deadline
– QSEA extension vote
– QLEP/U split
– RAAQ redemption

M&A Update – June 22

– APGE to be acquired by ABBV for $135.11 cash per share, 49.5% premium, $10.9 billion
– ACA to be acquired by CRH for $150.00 cash per share, 10.4% premium, $8.5 billion
– CWAN / Permira / Warburg Pincus obtained all required regulatory approvals, closing Q2 2026
– GTWO.to / GMIN.to received court approval, closing July 2026
– WBD / PSKY cleared Competition Canada
– TBRG HSR expires
– GBTG HSR expires
– CPRX HSR expires
– OGN HSR expires
– CCRN HSR expires
– EEX HSR expires

SPAC Update – June 22

– CUB stockholders approved deadline extension to Mar 20 2027, 4.5 million shares redeemed, 18.5 million shares remain, NAV $10.88
– LOKV stockholders approved Teamshares deal, 18.4 million shares redeemed, 4.6 million shares remain
– FORL extension vote
– QLEP/U split
– CAIIU split
– MCAHU split
– MTNE/U split
– KEYYU split
– FTHAU split

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