InsideArbitrage Event Driven Monitor – August 28, 2025

Merger Arbitrage

1. AHL: The acquisition of Aspen Insurance Holdings Limited (AHL) by Sompo Holdings, Inc. for a closing value of $3.5 billion. A wholly owned subsidiary of Sompo International will acquire Aspen Insurance for $37.50 per share in cash, representing a premium of 16.42% from the stock’s last close. (Press Release)
2. DALN: DallasNews (DALN) announced that its Board reviewed and rejected the revised, non-binding proposal from MNG Enterprises to acquire DallasNews at $18.50 per share in cash.
3. WBA: Blazing Star Merger Sub announced that the cash tender offers for all of Walgreens Boots Alliance (WBA) Notes have expired. The Tender Offer is expected to settle on August 28, 2025.

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