M&A Update – January 18

– MDC to be acquired by Sekisui House for $63.00 cash per share, 18.7% premium, $4.6 billion
– PGTI to be acquired by MITER Brands for $42.00 cash per share, 60.3% premium, $3.1 billion, 2.4% premium to DOOR deal, which was terminated
– TARO to be acquired by Sun Pharmaceutical Industries for $43.00 cash per share, 48.4% premium, $320.7 million
– BVH / HGV deal closed
– TGH / Stonepeak filed proxy statement, vote Feb 22, cleared HSR on Dec 4, cleared Germany Nov 21, closing in March 2024
– CERE / ABBV filed DEFM14a, vote Feb 16, pulled and refiled HSR Jan 16, closing mid 2024
– GRCL / AZN filed proxy statement, vote Feb 19, filed HSR Jan 10, closing Q1 2024
– GTH / CEO / Consortium filed proxy statement, vote Feb 21, closing Q1