Insignia Financial (IFL AU): CC Capital Wades In With A $4.30/Share NBIO
Terms are non-binding. I think IFL should engage here. However, I'm not confident Tanarra is willing to kick out at a 7.5% premium to Bain's terms.
525 Views
Merger Arb Mondays (06 Jan) - Vesync, Canvest, Get Nice, Fosun Tourism, GAPack, HKBN, Seven & I
This week, the highest gross spreads are Seven & I (15.0%), Get Nice Financial (11.6%), Arcadium Lithium (11.0%), ESR (8.9%), Goldlion (7.3%),...
789 Views
Bossini (592 HK): 10th Feb Scheme Vote
The spread is there and Viva is shortable. Not sure if you can take down borrow cheaply. Otherwise, this is an avoid. Viva is trading rich. It may...
734 Views
Get Nice Financial (1469 HK): EGM Set For Get Nice (64 HK)'s Scrip Offer
The more interesting bet is GNH (64 HK) at a 74% discount to NAV and 0.21x P/B, which will (should) be taken out next. That may be worth a punt.
746 Views
(Mostly) Asia M&A, Dec 2024: De Grey, Insignia, ESR Group, Fosun Tourism, HKBN, Pentamaster, Beenos
For Dec 2024, 13 new transactions were discussed on Smartkarma with an overall deal size of ~US$16bn. The Dec average premium for these new...
762 Views