(Mostly) Asia-Pac Weekly Risk Arb Wrap: Adbri, Link Admin, Azure Minerals, Lithium Power, JSR Corp
This insight provides a summary of gross/annualised spreads (on deals discussed on Smartkarma) across Asia-Pacific as at the last trading date, and...
907 Views
Buy Pasona As Dai-Ichi Life Amends Benefit One's Tender Offer & Buyback Price
Dai-Ichi's amended price appears a bit higher for Pasona than expected, and therefore a bit lower for Benefit One minorities. Terms can still be...
970 Views
Dai-Ichi Life "Decides" Tender Offer Price and Buyback Price at ¥2,123 and ¥1,491/Share
In the first "update" since the extension of the Benefit One Tender Offer by M3, Dai-Ichi Life set prices for the minority tender and share...
1.2k Views
Benefit One (2412 JP): Dai-Ichi Life’s Tender Offer at JPY2,123
M3 is unlikely to engage in a bidding war. Expect the Board and Pasona to support the Dai-ichi Life proposal. The tender starts in mid-Jan. At the...
851 Views
Merger Arb Mondays (18 Dec) - Shinko Electric, Benefit One, Toyo, CPMC, Vinda, Costa, Volpara
This week, the highest gross spreads are IRC (26.9%), OreCorp (17.7%), Shinko Electric (9.2%), JSR (6.6%), Lithium Power (5.6%), Benefit One...
769 Views