Insignia Financial Ltd - The Overnight Report: New ASX Record Beckons
A global perspective on what happened overnight
471 Views
Merger Arb Mondays (15 Dec) - Toyota Ind, Makino, Raksul, Pacific Ind, Jinke, Meilan Airport, NSR
I summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
560 Views
Insignia Financial (IFL AU): Bain Walks Due To "Macro Uncertainty". CC Capital's Still In. For Now
The undisturbed price is ~A$3.06/share. For long-onlies, you could take advantage of the share price weakness. This is not the place to hide for...
276 Views
Insignia Financial (IFL AU): Bain and CC Capital Bumps to A$5.00, While Brookfield Drops Out
The offer is attractive compared to historical trading ranges, peer multiples and precedent transactions. The presence of two bidders increases the...
537 Views
Insignia Financial (IFL AU): The Field Narrows As Bain And CC Capital Bump Terms
Both Offers remain non-binding. IFL is engaged and supportive. Trading at a 5%/11.8% gross/annualised spread assuming a five month off-ramp. I...
502 Views