InsideArbitrage Event Driven Monitor – April 19, 2024

  • April 19, 2024
Merger Arbitrage NGMS: On April 18, 2024, NeoGames (NGMS) announced that all necessary regulatory approvals required for the completion of the business combination with Aristocrat Leisure Limited have been received or waived. In addition, all antitrust and foreign investment regulatory clearances have been received. The final shareholder meeting of NeoGames to vote on the Acquisition is scheduled to be held on or about April 25, 2024, with completion of the Acquisition expected to occur on or about April 25, 2024. SWAV: On April 18, 2024, Shockwave Medical, Inc. (SWAV) filed the preliminary proxy statement for its merger with Johnson & Johnson (JNJ). The completion of the merger is subject to the approvals and clearances under the foreign antitrust laws of Austria and Germany and any other specified approvals. The companies expect to complete the merger by mid-year 2024. You can check out new deals, all deal updates, and spreads on active deals in our Merger Arbitrage Tool for premium members here. Deal in the Works BSY: According to Reuters, Bentley Systems (BSY), an engineering software company with a market value of about $15 billion, is exploring options that include a sale after attracting acquisition interests from electrical equipment maker Schneider Electric, and design software firm...

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