Singapore Medical’s VGO: Acceptances at 77.37%, Closing Date Now 15 Nov
To hit the 90% minimum acceptance condition, the offeror requires a 55.8% acceptance rate from the remaining holdout minorities. The 1.4% spread is...
386 Views
Singapore Medical (SMG SP): "Not Fair But Reasonable" Says IFA. TLW Needs To Bump
Trading one spread below terms. The Offer can still bump if need be. I think they will. Avoid here unless the spread were to widen.
395 Views
Singapore Medical’s VGO: IFA Says It Is Not Fair but Reasonable
Hitting the 90% minimum acceptance condition will be challenging. The current gross spread of 1.4% is not an attractive risk/reward profile. Take...
416 Views
Singapore Medical’s VGO Acceptance Condition Fixed at 90%
The offer is underwhelming and will struggle to hit the 90% minimum acceptance condition. With shares trading in line with the offer, take profits...
522 Views
(Mostly) Asia M&A: December 2019 Roundup
For the month of December, 11 new deals were discussed on Smartkarma with an overall announced deal size of ~US$27bn. Clicking on the company...
820 Views