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InsideArbitrage Event Driven Monitor – January 26, 2023

  • January 26, 2023

Quick updates on the event driven strategies we follow on InsideArbitrage.

Merger Arbitrage

  1. According to Reuters, Britain’s competition regulator said that it has started the first phase of an investigation into Broadcom’s (AVGO) acquisition of VMware (VMW).
  2. South Jersey Industries (SJI) and the Infrastructure Investments Fund announced that the New Jersey Board of Public Utilities has unanimously approved IIF’s proposed acquisition of SJI. The NJ BPU’s approval marks the final regulatory approval needed to complete the transaction, which we expect to occur on February 1, 2023.

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