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Rogers and Shaw extend outside the date of the $15.5bn merger.?

CMA finds concerns in the $6bn MBCC-Sika merger. (Financial Sponsor)

CD&R completed the acquisition of the remaining 51% stake in Cornerstone Building Brands for $3bn. (FS)

GloriFi to go public via a SPAC merger with DHC Acquisition in a $1.7bn deal.

Aztec Group supports Advent International with a $25bn fundraise. (FS)

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Rogers and Shaw extend outside the date of the $15.5bn merger.?

Rogers Communications and Shaw Communications agreed to extend the outside date of the $15.5bn merger of Rogers and Shaw to December 31, 2022, which outside date may be further extended to January 31, 2023.

Rogers and Shaw continue to pursue?the divestiture of Freedom Mobile to Quebecor?on the terms set out in the previously disclosed agreement. Negotiation of the definitive transaction documents are progressing, and the parties will provide an update in due course.

Rogers is advised by Bank of America, Barclays, Cravath Swaine & Moore, Goodmans and Torys. Financial advisors are advised by Davis Polk & Wardwell, Latham & Watkins and McCarthy Tetrault. Shaw is advised by CIBC World Markets, TD Securities, Burnet Duckworth & Palmer, Davies Ward Phillips & Vineberg, Dentons and Wachtell Lipton Rosen & Katz. Financial advisors are advised by Osler Hoskin & Harcourt.

CMA finds concerns in the $6bn MBCC-Sika merger. (FS)

The CMA has found that the anticipated purchase of Lone Star-backed MBCC, a BASF construction chemicals unit, by Sika, a Swiss multinational specialty chemical company, could lead to a loss of competition in the supply of chemical admixtures in the UK.

The Competition and Markets Authority found that the combined business would account for over half of admixtures supplied in the UK after the merger and face limited competition, giving customers less choice and potentially leaving them facing higher costs and reduced innovation.

Sike is advised by Bank of America, UBS and Baker McKenzie. Debt financing is provided by Citigroup and UBS. Debt providers are advised by Homburger. Lone Star is advised by Citigroup, Goldman Sachs, JP Morgan, Kirkland & Ellis and Weil Gotshal and Manges.

CD&R completed the acquisition of the remaining 51% stake in Cornerstone Building Brands for $3bn. (FS)

Clayton Dubilier & Rice, a private equity firm, completed the acquisition of the remaining 51% stake in Cornerstone Building Brands, a building materials products provider, for $3bn.

"We believe this transaction provides substantial value for our shareholders while also accelerating Cornerstone Building Brands’ aspiration to become a premier exterior building solutions company," Rose Lee, Cornerstone Building Brands President and CEO.

Cornerstone Building Brands was advised by Centerview Partners, Blake Cassels & Graydon, Sullivan & Cromwell, Wachtell Lipton Rosen & Katz and Joele Frank. Centerview Partners was advised by Simpson Thacher & Bartlett. Clayton Dubilier & Rice was advised by BNP Paribas, Barclays, Goldman Sachs, Jefferies & Company, Natixis Partners, RBC Capital Markets, Societe Generale, UBS, Debevoise & Plimpton and Kirkland & Ellis. Debt financing was provided by Apollo Global Management, BNP Paribas, Barclays, Blackstone, Deutsche Bank, Goldman Sachs, Jefferies & Company, Natixis Partners, RBC Capital Markets, Societe Generale, UBS and US Bank.

GloriFi to go public via a SPAC merger with DHC Acquisition in a $1.7bn deal.

GloriFi, a pro-America mission-driven technology company, agreed to go public via a SPAC merger with DHC Acquisition in a $1.7bn deal.

“Consumers today overwhelmingly want to do business with companies who share their values. We believe that this is a vastly underserved market, and our combining unapologetically pro-America values with what we believe is best-in-class technology provides GloriFi with a powerful competitive advantage to lead this exciting growth category," Toby Neugebauer, GloriFi Founder & CEO.

GloriFi is advised by Winston & Strawn and TrailRunner.

Aztec Group supports Advent International with a $25bn fundraise. (FS)

Fund and corporate services provider, The Aztec Group, supported longstanding client, Advent International, with the fundraising activities and final close of its 10th global private equity fund, Advent International GPE X, at $25bn.

GPE X will have the flexibility to deploy capital across various geographical regions, business sectors, deal types and sizes.?

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