M&A Update – Dec 22

– CWAN to be acquired by Permira / Warburg Pincus for $24.55, 47.1% premium, $8.4 billion
– LIRC.to to be acquired by ALS.to for $3.166666 cash + 0.16x shares, 31.1% premium, $521 million
– KEC.to / Cygnet Energy deal closed
– SUP.to / IMG.to deal closed
– WBD / PSKY added irrevocable personal guarantee from Larry Ellison for $40.4 billion of equity financing
– CIVI / SM filed DEFM14a, cleared HSR Dec 18, votes Jan 27, closing Q1 2026
– CDTX / MRK cleared HSR
– STAA / ALC adjourned vote to Jan 6
– EA vote
– RNA HSR expires