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
VNET: Management's Low-Balled Non-Binding Proposal
Trading at a ~45% gross spread to terms is illustrative of the proposal's non-binding nature. It's an opportunistic approach. Only for the brave at...
461 Views