$MTY.TO: strategic review
$AXTA: merger with $AKZA.AS at 0.6539x shares
$FSBH: asset sale to Community First CU for ~$17.14

$ZYXI: strategic review
$RPTX: acquisition by Xeno for ~$1.82+CVR
$SSP: possible merger with $SBGI
$SEE: buyout by CD&R for $42.15

$FEC.TO: proposed spin-off of Colombian infrastructure
$CFW.TO: rights issue
$ECN.TO: buyout by Warburg Pincus for C$3.1
$AVDL: competing offer from $LUNA.VI/$LUNB.VI at $21+$2 CVR

$WHI.L: non-binding offer from $TEAM.L at 0.195x shares
$MVE.OL: strategic review
$MRSN: acquisition by $DAWN for $25+$30.25 CVR

$THS: buyout by Investindustrial for $22.5+CVR
$COLA: proposed SPAC merger with WISeSat

And this was quick - one of the companies on the latest edition of the Japan cash-rich watchlist (home care provider Saint-Care, $2374 T) got an MBO at a nearly 49% premium 🥳

$GIFI: acquisition by $IES for $12
$SRV: rights issue

$BHF: take-private by Aquarian for $70
$GDEN: acquisition by Blake Sartini/$VICI for $2.75+0.902x shares
$GFR/$GFR.TO: rights issue

$KW: take-private proposal from CEO/$FFH.TO at $10.25
$CHTH: acquisition by $SNDA for $2.32+0.1318-0.2015x shares
$CHR: non-binding offers at $0.52 & $0.56

- A SaaS ‘pick & shovel’ platform (SpinCo): consistent single-digit growth, low churn, 40%+ margins and superior ROIC at ~5x LTM EBITDA.

open.substack.com/pub/catalyst...

$DENN: take-private by TriArtisan /Treville/Yadav for $6.25
$EVOK: acquisition by QOL Medical for $11
$WSR: new hostile offer by MCB at $15.2
$KORE: non-binding offer by Searchlight/Abry at $5

$KNOP: take-private offer from parent Knutsen NYK Offshore Tankers at $10
$NGD/$NGD.TO: acquisition by $CDE for 0.4959x shares
$CIVI: merger with $SM at 1.45x shares
$EURK: SPAC merger with Marine Thinking
$NIVF: proposed reverse merger with SAXA