Last Week In Event SPACE: Nidec/Ibiden, LG Chem, Mayne Pharma, Jardine Matheson
It’s Sunday! Pour yourself a coffee, grab a comfortable seat, and sift through a brief summary of insights on various events discussed during the...
1.6k Views
Mostly) Asia-Pac M&A: SCSK Corp, AUB, Brainpad, ANE Cayman, Sumitomo Densetsu, Sumitomo Densetsu
This insight provides a summary of gross/annualised spreads (on deals discussed on Smartkarma) across Asia-Pacific as at the last trading date, and...
745 Views
Sumitomo Riko (5191 JP): Sumitomo Electric (5802 JP)’s Tender Offer Is Light but Likely Done
The offer is light as it implies a discount to peer multiples. However, the significant cross-holders on the register suggest that the minimum...
654 Views
[Japan M&A] Daiwa House Buyout of Sumitomo Densetsu (1949 JP) At ¥9,760 - A Good Exit
Daiwa House has agreed with parent Sumitomo Elec to buy out electrical construction firm Sumitomo Densetsu at ¥9,760. Sumi Elec will get 30% less....
669 Views
Sumitomo Densetsu (1949 JP): Daiwa House Industry (1925 JP)’s Attractive Tender Offer at JPY9,760
Despite a deficient process, the offer is attractive, as it represents an all-time high and is above the high end of the IFA DCF valuation range.
654 Views