Merger Arb Mondays (23 June) - ENN Energy, Dickson, HKBN, Mayne, Insignia, Santos, Smartpay
We summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
305 Views
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,...
271 Views
The TSE's New 'Better' Index: JPX Prime 150
The TSE is launching a new JPX Prime 150 Index on 3 July 2023. It is 150 stocks with high PBRs and high "Equity Spread" (ROE vs cost of capital)...
645 Views
Toshiba (6502) - Funding Unsecured! (This Is Getting To Be a Habit)
An article out Friday after the close suggests Orix and other JIP equity consortium partners want to reduce their investment size. It's not clear...
739 Views
Ascentech (3565 JP): Orix (8591 JP)’s JPY1,680 Tender Offer
Despite the lack of an auction, the offer is reasonable compared to historical trading ranges and aligns with the midpoint of the IFA DCF valuation...
286 Views