Nippon Road (1884 JP): Shimizu Corp (1803 JP) Tender Offer Is Light but Likely Done
The offer is below the midpoint of the target IFA DCF valuation range and peer multiples. However, the required minority acceptance rate is not...
370 Views
Nissin Corp (9066 JP): Bain-Sponsored MBO at JPY8,100 Is Arguably Light
While the offer represents an all-time high, it is below the midpoint of the target IFA DCF valuation range and precedent transaction multiples. A...
539 Views
Merger Arb Mondays (12 May) - ESR, NTT Data, Shibaura, Torii, Imagica, Zeekr, Sinarmas, Gold Road
We summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
741 Views
Weekly Deals Digest (11 May) - CATL, Hengrui, Imagica, MitShokuhin, NTT Data, Shibaura, Torii, ZEEKR
A weekly summary of key developments across ECM and Event-Driven names tracked by us across Hong Kong, Australia, NZ, Singapore, Japan, Indonesia,...
482 Views
Imagica Robot Holdings (6879 JP): 1H FY03/25 flash update
Revenue declined by 8.5% YoY, with overseas performance weak, leading to an overall operating and net loss. The Content Creation business saw...
214 Views