Merger activity increased last week with four new deals announced and seven deals closing.
Over the past month, we have seen early signs of a pickup in new deals and two large deals announced in the energy and healthcare sectors. The acquisition of Noble Energy by Chevron was a significant deal announced in the energy sector in the third week of July. The acquisition of Varian Medical Systems by Siemens for $16.4 billion is the largest health care deal announced this year.
You can find all the active deals listed below in our Merger Arbitrage Tool (MAT) that automatically updates itself during market hours.
There was one new deal announced in the Deals in the Works section last week.
Weekly Spread Changes:
The table below shows weekly spread changes between July 24, 2020, and July 31, 2020.