M&A Update – May 20

– AGR to be acquired by Iberdrola for $35.75 cash per share, 11.4% premium, $27.9 billion
– IBTX to be acquired by SSB for 0.60x shares, 10.4% premium, $2.0 billion
– OSG to be acquired by Saltchuk Resources for $8.50 cash per share, 44.1% premium, $950 million
– ALPN / VRTX deal closed
– MDF.to / KKR deal closed
– ADTH / Cadent (Novacap) filed DEFM14a, vote June 18, closing Q2 2024
– LABP / ABBV filed delisting notice, closing May 23
– HAYN announced UK CMA formal investigation, closing Q4 2024
– SWN / CHK filed 424b3, votes June 18, closing H2 2024
– ETRN / EQT filed S-4, filed HSR Mar 22, pulled and refiled HSR Apr 22, closing Q4 2024
– WIRE go-shop expires
– SWAV HSR expires
– TSX closed