Smartkarma - Special Situations Weekly Update (26 Dec 2016)
We at Smartkarma Special Situations put out a weekly update on trade ideas we like, key events from the week gone by and what to look out for in...
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Nisshin Steel Update: Climbing Out of Summer's Cellar
On February 1 this year, Nisshin Steel Co Ltd (5413 JP) and Nippon Steel & Sumitomo Metal (5401 JP) announced they would look at ways to...
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Nisshin Steel - Post-Deal "Back End" Cheap Again
I last wrote on the Nisshin Steel (5413 JP) - Nippon Steel & SumiMetals (5401 JP) breakeven price ratio dip after the close of July 7. That...
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Nisshin Steel - Partial Tender (& Grids) II
On February 1, Nisshin Steel Co Ltd ("Nisshin") announced it had asked Nippon Steel & Sumitomo Metals ("NSSM") to supply it with billet and...
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Nisshin Steel: Long-Dated Tender Offer, with Arb Grid
Just before the close Friday I published a piece Nisshin Steel: Imminent Tender Announcement by Nippon Steel? Part I giving the background on the...
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