M&A Update – Oct 7

– B to be acquired by APO for $47.50 cash per share, 22.1% premium, $3.6 billion
– NAPA to be acquired by Butterfly Equity for $11.10 cash per share, 105.6% premium, $1.95 billion
– VGR / Japan Tobacco tender successful
– ALTM approached by RIO regarding a potential acquisition
– CHUY / DRI filed delisting notice, closing Oct 11
– VSTO announced Strategic Value Partners to acquire Revelyst for $1.125 billion ($19.25 in cash per share), CSG to acquire The Kinetic Group for $2.225 billion ($25.75 in cash per share)
– TELL shareholders approved WDS merger, cleared CFIUS, closing Oct 8
– TWKS / Apax Partners filed PRER14c, cleared HSR, closing Q4 2024