M&A Analogue Dashboard
Pending deal selection, analogue ranking, comparison summaries, and relevant sources.
AES CORP / California Public Employees' Retirement System,Qatar Investment Authority,Global Infrastructure Management LLC (Fund: Global Infrastructure Partners LP),EQT AB
Cash · Utilities · Announcement: 2026-03-02
Expected completion: 2027-06-30
Announced deal value (mil): 38330.81
Nature of bid: Friendly
Percent sought: 100
Sources / News
No sources available yet for this deal.
Interpretation
The pending deal's announcement reaction looks materially weaker than the analogue median (-17.8% vs 7.6%).
By day 5, the pending deal still looks materially weaker than analogue history (-17.9% vs 13.6%).
At the current comparison horizon, the spread is materially narrower than the analogue median (0.72 vs 2.87).
Analogue coverage includes 3 same-sector analogues and 52 fallback analogues, so the strongest comparisons should generally come from the same-sector names first.
Pending announcement jump
-0.1777
Analogue median announcement jump
0.0761
Pending latest spread
0.7200
Analogue median latest spread
2.8700
Top analogues
| Rank | Target | Tier | Date | Score | Reasons |
|---|---|---|---|---|---|
| 1 | PEPCO HOLDINGS LLC | 1 | 2014-04-30 | 1062.62 | same payment type (Cash), same target sector (Utilities), similar percent sought, same bid nature (Friendly) |
| 2 | SOUTHERN CO GAS | 1 | 2015-08-24 | 1062.31 | same payment type (Cash), same target sector (Utilities), similar percent sought, same bid nature (Friendly) |
| 3 | TECO ENERGY INC | 1 | 2015-09-04 | 1060.33 | same payment type (Cash), same target sector (Utilities), similar percent sought, same bid nature (Friendly) |
| 4 | WALGREENS BOOTS ALLIANCE INC | 2 | 2025-03-07 | 98.11 | same payment type (Cash), fallback out-of-sector analogue, very similar deal size, similar percent sought, same bid nature (Friendly) |
| 5 | KELLANOVA | 2 | 2024-08-14 | 94.97 | same payment type (Cash), fallback out-of-sector analogue, very similar deal size, similar percent sought, same bid nature (Friendly) |
| 6 | SPRINT COMMUNICATIONS LLC | 2 | 2012-10-15 | 94.70 | same payment type (Cash), fallback out-of-sector analogue, very similar deal size, same bid nature (Friendly) |
| 7 | PRECISION CASTPARTS CORP | 2 | 2015-08-10 | 94.67 | same payment type (Cash), fallback out-of-sector analogue, very similar deal size, similar percent sought, same bid nature (Friendly) |
| 8 | RED HAT LLC | 2 | 2018-10-28 | 88.99 | same payment type (Cash), fallback out-of-sector analogue, very similar deal size, similar percent sought, same bid nature (Friendly) |
| 9 | TWITTER INC | 2 | 2022-04-25 | 85.36 | same payment type (Cash), fallback out-of-sector analogue, very similar deal size |
| 10 | CERNER CORP | 2 | 2021-12-20 | 84.74 | same payment type (Cash), fallback out-of-sector analogue, similar deal size, similar percent sought, same bid nature (Friendly) |