Sun Art Retail (6808 HK): BABA Takes Massive Hit After Inking SPA @ HK$1.38
The SPA completed on the 27th Feb, triggering the MGO. Composite Doc to be dispatched on or before the 6th Mar. Under the terms of the SPA, an...
1.5k Views
Dissenters Mobilise As Chindata (CD US)'s Shareholders Approve Bain's Offer
This is done. Trading at a 2% gross spread to terms, or ~14% annualised assuming late-Jan completion. Not bad. Not great. It was certainly more...
716 Views
Hina/IBC's Non-Binding Proposal For VNET
Shandong Hi-Speed Holdings (412 HK) is investing US$299mn (@US$0.497/share) in VNET to take a 42.12% stake on a fully diluted basis, and 35.7% of...
1.1k Views
Is Bain Permitted To Take Over Chindata?
Trading at a 15.3% gross spread to terms, which is indicative of the non-binding nature of the Offer, and what might be involved in the due...
622 Views
Chindata: China Merchants Potentially In The Mix
No formal sale process has occurred, therefore second-guessing if, and when, an Offer emerges will be fraught with issues. However, I'd be picking...
640 Views