Merger Arb Mondays (15 Sep) - Santos, Soft99, Technopro, Mandom, Shengjing Bank, Dongfeng Motor
I summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
534 Views
ENEOS Holdings (TSE: 5020): Cash Returns Support, Valuation Capped
ENEOS, Japan's top energy group, faces earnings fluctuations due to oil prices and inventory losses, with valuation above fair value and risks...
871 Views
Weekly Deals Digest (14 Sep) - Zijin Gold, Chery Auto, Hesai, Mandom, Soft99, Evergrande, Shengjing
A weekly summary of key developments across ECM and Event-Driven names tracked by us across Hong Kong, Australia, NZ, Singapore, Japan, Indonesia,...
384 Views
Fuji Oil (5017 JP): Idemitsu Kosan (5019 JP)’s Tender Offer at JPY480
While reasonable on several fronts, the offer is susceptible to a bump as it is far from a knockout bid, and Fuji Oil previously had activists on...
513 Views
Global base oils margins outlook: Week of 8 September
Global base oils prices mostly fall versus feedstock/competing fuel prices. Price-differentials fall more steeply in Europe and US than in Asia,...
245 Views