M&A Update – Mar 26

– EQH to be acquired by CRBG for 1.55516x shares, -1.6% discount, $10.5 billion
– OLPX to be acquired by Henkel for $2.06 cash per share, 54.9% premium, $1.4 billion
– DVS / CTGO deal closed
– DAWN / Servier launched tender offer, expires Apr 22
– GLDD / Saltchuk Resources filed delisting notice, closing Apr 1
– MI-u.to / Crestpoint Real Estate Investments Limited Partnership cleared Competition Canada
– FOM.to / ELD.to announced ISS recommends vote For
– LNKB / BHRB shareholders approved merger
– CCO go-shop expires
– HTBK / CVBF votes
– ONTF vote

SPAC Update – Mar 26

– PELI / GLND deal closed
– IBAC stockholders approved deadline extension to Sept 26 2026, 732k shares redeemed, 759k shares remain, NAV $10.78
– AEAE filed PRE14a to extend deadline to May 3 2027
– HYAC redemption

M&A Update – Mar 25

– BLX.to to be acquired by Brookfield / La Caisse for $37.25 cash per share, 31.8% premium, $9.0 billion
– TERN to be acquired by MRK for $53.00 cash per share, 6.0% premium, $5.7 billion
– JHG / Trian bumped bid by 6.1% to $52.00 from $49.00, Victory withdrew its proposal
– GCG/A.to / Desjardins Group deal closed
– MCW / Leonard Green & Partners cleared HSR
– DBRG / SoftBank Group filed DEFM14a, vote Apr 23, closing H2 2026
– LNKB / BHRB votes

SPAC Update – Mar 25

– RACC filed S-1 for $50 million IPO
– IBAC extension vote
– UYSC extension vote
– VCIC redemption

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