M&A Update – Aug 7

– ARIS to be acquired by WES for 0.625x shares or $25.00 cash (subject to $415 million cash cap), 26.5% premium, $2.0 billion
– PARAA / Skydance Media deal closed
– KLG / The Ferrero Group filed PREM14a, filed HSR Aug 5, closing H2 2025
– BASE / Haveli Investments filed DEFM14a, vote Sept 9, closing H2 2025
– PPBI / COLB attained all regulatory approvals, closing Aug 31
– SAND / RGLD cleared Competition Canada
– HCU.to / RGLD cleared Competition Canada
– AVDX / TPG filed PRER14a, closing Q4 2025