M&A Update – Aug 13

– HBI to be acquired by GIL for $0.80 cash + 0.102x shares, 24.1% premium, $4.4 billion
– SPNS to be acquired by Advent for $43.50 cash per share, 64.0% premium, $2.5 billion
– GNTY / GBCI filed S-4/a, vote Sept 17, closing Q4 2025