StubWorld: Stay Long Digital Garage (4819 JP)
EQT/DG can probably offer more for Kakadu, forcing Bain/LY to overbid. This competitive bidding situation may have legs. DG is dirt cheap here. Be...
217 Views
Kakaku.com (2371 JP): Third JPY1 Bump, Same Stalemate, Limited Upside Left
EQT/DG's JPY1 bump to JPY3,682 buys time, not a win. Bain/LY's silence likely signals one decisive bump. At JPY3,800, the risk/reward is not...
28 Views
Digital Garage (4819 JP) Is Cheap As LY & EQT Jostle For Kakaku (2371 JP)'s Control
Kakaku has more upside, should EQT/LY jostle for control. Separately, post deal, Digital Garage will be sitting on a chunk of cash. The caveat is...
196 Views
Weekly Deals Digest (04 Oct) - Nikkon, BASE, Kakaku, PHC, Sankei RE, Northern Star, Ingenia
A weekly summary of key developments in ECM and Event-Driven names that I track in Hong Kong, Australia, New Zealand, Singapore, Japan, Indonesia,...
97 Views
BASE (4477 JP): SBI’s Tender Extension Signals a Price Bump Is Needed
SBI extended its BASE tender to 15 October at JPY340, signalling tepid take-up. Despite its partial-offer track record and peer derating, a bump...
108 Views