L’Occitane (973 HK): HK$35 Offer from the Controlling Shareholder?
Shares are currently in a trading halt. The rumoured offer price of HK$35 per share is attractive and represents an all-time high price. Therefore,...
656 Views
L’Occitane (973 HK): Controlling Shareholder Mulling a Bid?
The presence of a significant disinterested shareholder necessitates an attractive takeover premium. Irrespective of a bid materialising, the...
790 Views
[Japan M&A] CVC/Family "Re-Nudge" Mandom (4917 JP) MBO Price from ¥2,600 to ¥3,105, Eclipsing KKR
The Kalon (CVC/family) bidco has matched/exceeded KKR's ¥3,100 at ¥3,105. Mandom has come out with a looooong explanation about how the MBO plan...
464 Views
Mandom (4917 JP): CVC Outbids and Outmanoeuvres KKR
The Board recommends CVC's offer due to its higher price, acceptable financing, enhanced value plan, and shorter timelines. KKR could return with a...
329 Views
Merger Arb Mondays (09 Feb) - Mandom, MCJ, Toyota Ind, Raksul, IJM, Guocoland, Skyworth, ENN
I summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
470 Views