M&A Update – Jan 13

– ITCI to be acquired by JNJ for $132.00 cash per share, 39.1% premium, $14.6 billion
– ENFN to be acquired by CWAN for $5.85 cash + $5.40 in stock subject to collar, 31.6% premium, $1.5 billion
– SAGE / BIIB announced unsolicited proposal at $7.22 cash per share, 30.1% premium, $469 million
– HTLF / UMBF attained Fed and OCC approval, closing Jan 31
– SFTC.to / World Wide Technology Holding Co set Mar 4 vote
– QUIS.to / H.I.G. Capital set Feb 28 vote
– X / Nippon Steel announced that CFIUS granted extension to June 18, 2025 of the requirement in President Biden’s Executive Order that the parties permanently abandon the transaction
– LBRDA / CHTR filed S-4/a, closing June 30, 2027
– ANSS / SNPS cleared EC, closing H1 2025
– RVNC / Crown Laboratories extended tender offer to Jan 28
– CTV HSR expires