M&A Update – Dec 24

– NEUE to be acquired by New Enterprise Associates for $7.33 cash per share, 70.1% premium, $1.3 billion
– AGR / Iberdrola deal closed
– FCU.to / PDN.au deal closed
– MNTX / Tadano filed delisting notice, closing Jan 2
– CNSL / Searchlight Capital Partners filed delisting notice, closing Dec 27
– PAY.to / FI set Feb 21 merger vote
– X / Nippon Steel announced CFIUS failed to reach a consensus, referred to President Biden for review
– DXLG confirmed it has received a non-binding proposal from Fund 1 Investments
– CFB / BUSE shareholders approved merger, closing Q1 or Q2 2025
– NAPA shareholders approved Butterfly Equity buyout
– ALTM shareholder approved RIO merger, obtained antitrust clearance in Australia, Canada, China, UK, and the US, also cleared UK FDI
– ATSG / Stonepeak filed PREM14a, cleared HSR Dec 19, filed US DOT Nov 18, filed FCC Dec 3, filed UK FDI Nov 23, closing H1 2025
– DFS / COF filed S-4/a for merger, votes Feb 18, closing early 2025
– TSX early close
– NYSE early close
– EDGAR closed