Merger Arb Mondays (01 Apr) - SciClone, IntelliCentrics, CIMC Vehicles, Lawson, Roland DG, MMA
This week, the highest gross spreads are SciClone (17.2%), Qantm IP (15.0%), Genex Power (12.2%), Southern Cross (11.2%), China TCM (7.5%), QV...
535 Views
Weekly Deals Digest (31 Mar) - Roland DG, Lawson, SciClone, Probiotec, MMA Offshore, Bharti Hexacom
Last week, notable developments occurred in Event-Driven (Lawson, Roland DG, SciClone Pharma, CIMC Vehicle, HKBN, MMA Offshore, Probiotec) and ECM...
604 Views
KDDI Launches Tender To Buy Out Lawson (2651) - Still Far Too Cheap
The KDDI Tender Offer for Lawson actually makes some sense. There are significant synergies available. There is growth. But the valuation doesn't...
784 Views
Lawson (2651 JP): KDDI Corp (9433 JP) Tender Offer Launches
On balance, the offer will likely succeed. At the last close and for a 7 May payment, the gross and annualised spread is 0.5% and 5.4%, respectively.
487 Views
Nikkei 225 Index Rebalance: DISCO, Socionext, ZOZO In; PacMetals, Sumitomo Osaka, Takara Holding Out
The adds are all up since announcement, led by Zozo. Nitori is up too even though the upweight was knows. Two of the three deletes are lower....
1.3k Views