Sysco Issues $15.7B Multi-Tranche Debt to Fund JRD Deal
Sysco closed $15.7B in senior and junior subordinated notes on Oct 6 to finance its acquisition of JRD Unico, locking in coupons up to 7.35%.
M&A & Tender Offers
Follow mergers, acquisitions and tender offers. Explore deal terms, financing, regulatory milestones and the distinction between a proposed transaction and a completed deal. Find your way around ECMSource.
CD&R and McKesson to Acquire Option Care Health for $5.8B
Clayton, Dubilier & Rice and McKesson agree to acquire Option Care Health for $32.05 per share in cash, valuing the infusion provider at $5.8 billion.
Skyworks Completes $22B Qorvo Merger to Form RF Giant
Skyworks Solutions closes its $22B merger with Qorvo, combining RF portfolios with $500M+ in cost synergies, $2B in senior notes, and 63/37 ownership.
WISeSat.Space Debuts on Nasdaq as SAIQ After $250M SPAC Deal
WISeSat.Space begins trading on Nasdaq as SAIQ following the completion of its $250 million SPAC merger with Columbus Acquisition Corp. and a $10M PIPE.
Skydance Rebrands for Oct. 6 Close, Shifts to NYSE as SKYD
Paramount Skydance rebrands as Skydance Corporation, transfers to NYSE under SKYD, and confirms an October 6 close after settling antitrust claims.
onsemi Revises Synaptics Deal to $5.7B All-Cash at $123
onsemi restructured its acquisition of Synaptics into a $5.7B all-cash transaction at $123 per share, backed by a $2.45B Morgan Stanley term loan facility.
OpenText Prices $300M Debt Tender Amid $697M Demand
OpenText priced its $300M debt tender for 2028 notes at $981.71, applying a 43.05% proration factor after receiving $697.56M in tenders.
Kimberly-Clark Launches $7B Debt Exchange for Kenvue Notes
Kimberly-Clark commenced an exchange offer for up to $7B of Kenvue notes with an early tender premium as it restructures debt for its planned acquisition.
SoundThinking Agrees to $159M Transom Buyout With $3 CVR
SoundThinking agreed to be acquired by Transom Capital for $8 cash plus up to $3 in CVRs, implying up to a $159 million enterprise value.
AMD to Acquire World Labs for $8.2B in All-Stock AI Deal
AMD agreed to acquire spatial AI startup World Labs for $8.2 billion in common stock, leveraging its $1T valuation to avoid debt in a high-yield market.