M&A Update – April 12

– TRTN to be acquired by BIP for $68.50 cash per share + $16.50 of shares (collared), 34.9% premium, $13.3 billion
– NATI to be acquired by EMR for $60.00 cash per share, 47.4% premium, $8.6 billion
– TESS to be acquired by Lee Equity Partners / Twin Point Capital for $9.00 cash per share, 91.5% premium, $161.4 million
– AMYT / Chiesi Farmaceutici deal closed
– XM / Silver Lake / CPP Investments filed PREM14c, HSR filed Mar 24, closing H2 2023
– AQUA / XYL filed DEFM14a, votes May 11, cleared HSR, closing mid 2023
– TECK confirmed receipt of unsolicited proposal from GLEN, will review
– SBB.to vote
– CIH / Fang Holdings delisting notice, closing Apr 17