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Industry Update: Consumer & Retail Industry M&A Update- January, 2017

January, 2017.

For 2016, strategic buyers accounted for 85% of Consumer and Retail M&A transactions. During 2015, strategic buyers accounted for 90% of the transactions.

Many Consumer and Retail categories continue to outperform the S&P 500.

Select recent notable publicly announced M&A transactions:

– Symantec Corporation signed a definitive agreement to acquire LifeLock, Inc. for approximately $2.3 billion.

– Samsung Electronics America, Inc. entered into a definitive agreement to acquire Harman International Industries, Incorporated for $8 billion in cash.

– Bain Capital L.P. and Bow Street, LLC entered into a definitive agreement to acquire Blue Nile Inc. for approximately $490 million.

– American Axle & Manufacturing Holdings Inc. entered into a definitive agreement to acquire Metaldyne Performance Group Inc. for approximately $1.5 billion.

– Polaris Industries Inc. entered into an agreement to acquire Transamerican Auto Parts Company, LLC for approximately $670 million.

– Bass Pro Group, LLC entered into a definitive agreement to acquire Cabela’s Incorporated for $4.6 billion.

– Eldorado Resorts, Inc. entered into a definitive merger agreement to acquire Isle of Capri Casinos, Inc. for approximately $990 million.