M&A

 Mergers & Acquisitions News (M&A)

• Spanish lender Banco Santander won shareholder approval to acquire US-based bank Webster Financial in a $12B cash-and-stock deal Bloomberg

• Eli Lilly will acquire three clinical-stage vaccine developers Curevo, LimmaTech Biologics, and Vaccine Company for $3.8B Wall Street Journal

• Penta Capital Partners-backed UK accounting rollup Sumer paused a $1.3B sale Yahoo.Finance

• Infrastructure investor I Squared Capital bought 10 data center facilities from ​Cogent Fiber for $225M cash and will commit another $1B for expansions ​and acquisitions Reuters

• Activist Ancora Holdings is pushing adhesives manufacturer H.B. Fuller to abandon its $805M proposed takeover of UK medical bandage maker Advanced Medical Solutions Group Bloomberg

• Northern Oil & Gas agreed to acquire a 25% interest in oil-producing properties and acres of land from Canada's Parallax Energy Operating in a $255M cash and stock deal BusinessWire

• EQT-backed Voltera and GIP-backed Revel Transit will merge their EV charging businesses to serve robotaxis in urban US Bloomberg

• Netherlands blocked IT infrastructure services provider Kyndryl's proposed takeover of Dutch cloud services firm Solvinity Group on security concerns Reuters

• A group led by utility conglomerateEquatorial Energia also bid to become a strategic investor in the privatization process for water utility Copasa Bloomberg