Weekly Deals Digest (22 Jun) - Santos, PointsBet, Mayne, HKBN, Carta, Nakano, Sanhua, FWD, CaoCao
A weekly summary of key developments across ECM and Event-Driven names tracked by us across Hong Kong, Australia, NZ, Singapore, Japan, Indonesia,...
261 Views
(Mostly) Asia-Pac M&A: Adriatic Metals, Carta, Mayne Pharma, PointsBet, Tourism Holdings
This insight provides a summary of gross/annualised spreads (on deals discussed on Smartkarma) across Asia-Pacific as at the last trading date, and...
388 Views
Santos (STO AU): XRG’s Non-Binding Offer Faces an FIRB Challenge
The offer is subject to several regulatory approvals. FIRB approval is the primary risk due to a foreign government-controlled entity controlling...
271 Views
Santos Ltd (STO AU): FIRB Approval For XRG's Tilt Will Be No Pushover
Trading at a 12.4% gross spread, and say, 20% annualised if a seven moth off-ramp to completion. That's probably about right. I would not chase...
1.8k Views
Santos (STO AU): XRG Consortium's Big Offer; Index Impact
A consortium has offered US$5.76/share to take Santos private. That values equity at A$28.8bn and an EV of A$36bn. There will be ad hoc adds to the...
539 Views