HandbookApprovals and conditions
What does Still needed mean here?
What it means and how to read it on a deal.
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Tracking Alpha
What it is
The approvals, vote and minimum tender conditions a deal still needs to close.
On the site asStill neededWaiting onMost approvals pending
How to read it
Each pending approval, vote or minimum tender condition, in the order the filings list them. Approvals use their short names: HSR, EU, CMA, SAMR, Antitrust, CFIUS and Other. One condition alone reads Only HSR left or Only the vote left. A failed approval isn't waited on: the Regulatory column says it. A dash means none of these conditions is pending. If the filings do not name the approvals, the column says approvals with a note explaining that gap.
Sorting by it puts the deals with the most approvals pending first. The Waiting on filter picks deals by a regulator they still wait on.
