InsideArbitrage Event Driven Monitor – 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.
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