InsideArbitrage Event Driven Monitor – February 7, 2025
Merger Arbitrage
- AMPS: The acquisition of Altus Power, Inc. (AMPS) by TPG Inc. (TPG), for a closing value of $2.2 billion. Under the terms of the agreement, Altus Power will be acquired by TPG through its TPG Rise Climate Transition Infrastructure strategy for $5.00 per share of its Class A common stock in an all-cash transaction. (Press Release)
- NVRO: The acquisition of Nevro Corp. (NVRO) by Globus Medical Inc. (GMED) for $250 million in an all-cash transaction. As per the terms of the agreement, Globus Medical will acquire all shares of Nevro for $5.85 per share. (Press Release)
- RVNC: The acquisition of Revance Therapeutics (RVNC) by Crown Laboratories was completed on February 6, 2025. It took 178 days for the deal to be completed.
You can check out new deals, all deal updates, and spreads on active deals in our Merger Arbitrage Tool for premium members here.
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