Invincible Investment Corp Placement - Decent Accretion Despite the Large Dilution
Invincible Investment plans to raise around US$230m to fund the acquisition of six hotel assets in Japan. In this note, we talk about the deal...
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Rakuten Bank IPO Early Look - The Positives - Has Grown Fast over the past Few Years
Rakuten Bank, the online banking arm of Rakuten Inc (4755 JP), aims to raise around US$500m in its Japan listing in April 2023. In this note, we...
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Record Sales at JR Tokai Takashimaya
Takashimaya is one of the few department store chains likely to outperform an otherwise problematic sector in the next few years. Its Nagoya stores...
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Daiei Kankyo Pre-IPO - Steady, at Best
Daiei Kankyo (9336 JP) (DK), a waste management company, aims to raise around US$280m in its Japan IPO. In this note, we look at the company's past...
429 Views
Toshiba (6502 JP) Getting Closer to Crunch Time So Ongoing News "Leaks" Likely
Bidders are approaching 2nd Round deadlines, and news/comments are starting to seep out. Expect more. I expect a decision at/after H1 results. If...
462 Views