Status: Upcoming/New Filing

Acquirer: Sonaca S.A. (Belgium)

Acquired: LMI Aerospace, Inc. (US)

Value: US$14/Share (total value unknown)

Industry: Aerospace

On February 16, 2017, LMI Aerospace, Inc., a St. Louis based global supplier of structural assemblies, kits and components and provider of engineering services to the commercial, business and regional and military aerospace markets, announced that it has entered into a merger agreement with Sonaca S.A., a global aero-structures company headquartered in Belgium, and its U.S. subsidiaries Sonaca USA Inc. and Luminance Merger Sub, Inc., relating to the proposed acquisition of LMI Aerospace by Sonaca S.A. for $14 per share in an all-cash transaction, a 63 percent premium over LMI’s 3-month volume weighted average price up to and including Feb. 16, 2017. (See Joint Press Statement, LMI Aerospace, Ex-99.2, Form 8-K, Feb. 16, 2017, SEC Filing; LMI Aerospace, Form 8-K, Feb. 16, 2017, SEC Filing.) Under the agreement, Luminance Merger Sub will merger into LMI Aerospace, with LMI Aerospace continuing as the surviving corporation in the merger. (See LMI Aerospace, Form 8-K, Feb. 16, 2017, SEC Filing.) Consummation of the merger is subject to various conditions, including “clearance by the Committee on Foreign Investment in the United States and by the Directorate of Defense Trade Controls under the International Traffic in Arms Regulations.” (Id.; see Agreement and Plan of Merger, Section 7.01(b)(iii), Ex-2.1, Form 8-K, Feb. 16, 2017, SEC Filing.)