M&A Update – August 16

– CEQP to be acquired by ET for 2.07x units, -0.7% discount, $7.1 billion
– HEP to be acquired by DINO for $4.00 cash per unit + 0.325x shares, 1.9% premium, $4.4 billion
– SIMO / MXL deal terminated, SIMO to pursue damages in excess of termination fee for MXL’s willful and material breaches
– TSEM / INTC deal terminated, unable to obtain China clearance
– ARNC / APO delisting notice, closing Aug 18
– SYNH / Elliott / Patient Square Capital / Veritas Capital cleared EC
– NCMGY / NEM / cleared Korea FTC
– RNW / TA set Sept 26 vote
– UBA vote
– GHL vote