M&A Update – May 16

– SBOW to be acquired by CRGY for 3.125x shares, 18.3% premium, $2.1 billion
– DOOR / OC deal closed
– MOR / NVS tender offer successful
– ADTH / Cadent announced third-party withdrew its $3.35 proposal
– OSI.to / Yintai Gold announced court approval, cleared China’s NDRC, closing end of H1
– SP / Metropolis Technologies cleared HSR
– ANSS / SNPS announced merger requires China SAMR notification
– CHX / SLB filed DEFM14a, filed HSR Apr 23, vote June 18, closing by end of 2024
– MODN / Vista Equity Partners filed DEFM14a, vote June 25, closing Q2 2024
– CPRI / TPR scheduling conference