M&A Update – Nov 20

– EXAI / RXRX deal closed
– LWAY rejected revised unsolicited $27.00 proposal from Danone
– CEE.to / AU announced the Jersey Court sanctioned the scheme of arrangement, closing Nov 22
– RVNC / Crown Laboratories agreed to extend tender launch date to Nov 26
– MR-u.to / MRD.to announced Egan-Jones recommends vote For
– BALY shareholders approved Standard General buyout, closing H1 2025
– ARR.to shareholders approved Northampton Capital Partners buyout, closing end of Nov
– ALTM / RIO filed Competition Canada, filed DEFM14a, vote Dec 23, closing mid 2025
– NAPA go-shop expires