M&A Update – Apr 22

– DTOL.to received unsolicited proposal at $10.50 cash per share from 2717 Partners
– WBS / SAN filed F-4/a, vote May 26, closing H2 2026
– STEL / PB filed DEFM14a, vote May 27, received all regulatory approvals, closing July 1
– AU.to / AEM set June 5 vote
– DAWN tender expires