M&A Update – Apr 21

– DHIL / First Eagle Investments filed delisting notice, closing Apr 22
– TALK / UHS filed DEFM14a, vote May 29, closing Q3 2026

M&A Update – Apr 20

– BLD to be acquired by QXO for $227.25 cash per share + 11.11x shares, 23.1% premium, $17.0 billion
– SILA to be acquired by OWL for $30.38 cash per share, 19.0% premium, $2.4 billion
– RUP.to to be acquired by AEM for 0.0401x shares + CVR worth up to $3.00 per share, 68.5% premium, $2.9 billion
– AU.to to be acquired by AEM for $2.60 cash per share, 46.1% premium, $481 million
– HTBK / CVBF deal closed
– SEMR / ADBE filed delisting notice, closing Apr 28
– DAWN / Servier filed delisting notice, closing Apr 23
– SLNO / NBIX launched tender offer, expires May 15
– LCII / PATK in discussions regarding potential merger of equals
– WBD / PSKY filed China SAMR
– DHIL / First Eagle Investments announced all conditions satisfied, closing Apr 22
– STEL / PB filed S-4/a, vote May 27, closing Q2 2026
– ACLX / GILD received all required regulatory approvals, extended to Apr 27
– CNTA / LLY filed PREM14a, closing Q3 2026
– CVGW / AVO cleared HSR, closing quarter ending July 31 2026
– MCW / Leonard Green & Partners filed PRER14C, closing H1 2026
– TWO / CrossCountry Mortgage filed DEFM14a, vote May 19, closing H2 2026
– SLAB HSR expires

SPAC Update – Apr 20

– CMCAF announced a business combination with Tigerless Health
– AMAN filed S-1 for $75 million IPO
– RFAI filed F-4/a for Nanyang Biologics deal
– GIG / Hadron Energy reduced valuation from $1.2 billion to $600 million
– CLRCF filed DEF14a to extend deadline to Nov 2 2026, vote May 1, NAV $13.16
– HSPOF extension vote
– TRAD/U split
– MZYX/U split
– TRGSU split
– SUMAU split

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