M&A Update – December 21

– BRBW to be acquired by MPB for $9.00 cash + 0.299x shares, 9.4% premium, $53.9 million
– IMGO / MRK cleared HSR
– FSTX / Sino Biopharmaceutical extended tender to Dec 28, amended CFIUS condition
– ATCO / Consortium cleared HSR
– SMU-u.to / GIC / Dream Industrial REIT received court approval, closing Q1 2023
– AEL rejected $45.00 cash per share unsolicited, non-binding proposal from Elliott Investment Management L.P.
– EMCF / FMNB delisting notice, closing Dec 30
– HIL delisting notice, closing Dec 22
– ABMD tender expires