Baudroie (4413 JP): Bain-Sponsored MBO at a Nil-Premium Will Be Tough to Force a Bump
A competing offer is unlikely, as the founding shareholders did not accept a fiduciary-out clause. The deal is tough to block because of the low...
140 Views
[Japan M&A] Baudroie (4413 JP) Board Decides a 1% Premium to Squeeze Out Minorities Is Good Enough
Bain and existing major execs are taking the company private at no premium. They are getting leverage on it, presumably to earn an IRR of 20+%. And...
175 Views
Asia-Pac Weekly Wrap: Haitong Unitrust, Xin Yuan Enterprise, Ingenia, Vault, Cleanaway, Baudroie
This insight provides a summary of gross/annualised spreads (on deals discussed on Smartkarma) across Asia-Pacific as at the last trading date, and...
84 Views
Last Week In Event SPACE: Inpex, Jardine Matheson, Jardine Matheson Southeast Asia, Genting
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...
85 Views
Merger Arb Mondays (05 Oct) - Kadoya, Kakaku, Leopalace21, Taiyo, Ingenia, Peet, OFX, Cleanaway
I summarise the latest spreads and newsflow for the merger arb situations covered across Hong Kong, Australia, NZ, Singapore, Japan, Indonesia,...
148 Views