Eagle Cement: PCC's Foregone Conclusion
This is done. Trading at a gross/annualised spread of 4.9%/24.2% assuming late January payment. Hedge out your currency risk, and get involved...
345 Views
Eagle Cement: Regulatory Approval Paves the Way for San Miguel’s MTO at PHP22.02
The approval paves the way for an MTO of the remaining 11.50% minority shares at PHP22.02, likely next month. At the last close, the spread to the...
462 Views
Eagle Cement’s Potential MTO of PHP22.02 from San Miguel
The regulator should approve as it previously considered San Miguel and ECC as part of the same group. Timing is the key risk. At the last close,...
444 Views
San Miguel Turns Its Sights To Eagle Cement
This looks done. It should make no difference from an anti-trust point of view whether SMC buys out Ang's stake in ECC or not. Hedge out your...
523 Views
(Mostly) Asia M&A: April 2020 Roundup
For the month of April, just six new deals were discussed on Smartkarma with an overall announced deal size of ~US$9.4bn. Clicking on the...
809 Views