Last Week in Event SPACE: Honda, Shanghai Henlius, Exedy, Arcadium Lithium
It’s Sunday! Pour yourself a coffee, grab a comfortable seat, and sift through a brief summary of insights on various events discussed during the...
630 Views
(Mostly) Asia-Pac M&A: Makino, Henlius, GAPack, Nec Networks, Suntec REIT, VCredit, Pentamaster
This insight provides a summary of gross/annualised spreads (on deals discussed on Smartkarma) across Asia-Pacific as at the last trading date, and...
558 Views
Suntec REIT (SUN SP): Tang's Offer Now Open
This appears an obligatory MGO. I wouldn't expect the Tangs to extend beyond the First Close. Suntec is not expensive at 0.6x P/B. But I don't...
787 Views
GAPack (468 HK): XJF's Offer Now Open
Even if Bi (9.17%) and Hong (5.55%) don't tender, XJF should still get to 50%. It's still doable even if Mengniu doesn't tender. If illiquid arbs...
874 Views
Henlius (2696 HK): Circ Out. 22nd Jan H-Class Meeting
Currently at a 2.9% gross spread with expected payment around the third week of Feb. I'd pay up to HK$24.10/share for a 15% annualised spread.
826 Views