M&A Update – Dec 20

– STEP.to / ARC Financial deal terminated due to failed shareholder vote
– BATL / Fury Resources deal terminated due to financing failure
– ANSS / SNPS / UK CMA announced deal raises competition concerns in the supply of semiconductor chip design and light simulation products in the UK , but could be approved if concerns are resolved
– SUM / Quikrete filed PREM14a, filed HSR Dec 6, closing H1 2025
– ALE / CPP Investments / GIP received FERC approval, closing mid-2025
– BCOV / Bending Spoons filed PREM14a, filed HSR and UK NSA Dec 9, closing H1 2025
– ANSS UK CMA deadline
– CFB / BUSE votes
– MNTX vote