Yashili (1230 HK): China Mengniu's Scheme Triggered
Into the home stretch. Expect FY22 results by month end and the Scheme Doc shortly thereafter. Trading tightish at a 2.6%/10.7% gross/annualised...
617 Views
Yashili (1230 HK): Pre-Condition Satisfaction Likely Within 5 Business Days
This is a done deal and timing is the key risk. At the current price and for a late-May payment, the gross and annualised spread is 2.6% and 11.3%,...
508 Views
Yashili (1230 HK): Mengniu Offer Imminent As Key Sale Concludes
The Dumex China sale is done. The despatch of the Scheme Doc should occur around this time next month. Trading at a 5.3%/21.1% gross/annualised...
544 Views
Yashili (1230 HK): Pre-Condition Finally to Be Satisfied?
It's been a glacial pace but it finally looks like the satisfaction of the pre-condition is close. At the last close and for a late May payment,...
479 Views
Merger Arb Mondays (13 Feb) - Newcrest, Nitro, Norwest, Boustead, Toyo, Ihara, Iwasaki Electric
This week, the highest gross spreads are Alliance Aviation (37.3%), VNET (30.0%), Origin Energy (27.5%), 111 (23.2%), Golden Energy (21.1%), Toyo...
582 Views