IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

IPOs and Catalysts/Events

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/matsuya-r-d-co-ltd" target="_blank" data-smartkarma-citation="entities:46158:1" rel="noopener">Matsuya R&amp;D (7317 JP)</a> has recommended a preconditional tender offer from <a href="https://www.smartkarma.com/entities/omron-corp" target="_blank" data-smartkarma-citation="entities:15904:1" rel="noopener">Omron Corp (6645 JP)</a> at JPY1,110, a 22.8% premium to the last close price.</li>
<li>While the offer represents an all-time high, it is light as it is 22% below the midpoint of the target IFA DCF valuation range. </li>
<li>This is a done deal, as the lower limit is marginally above the level of irrevocables. Timing is the key risk with the offer expected to start in late June.</li>
</ul>



Matsuya R&amp;D (7317 JP) has recommended a preconditional tender offer from Omron Corp (6645 JP) at JPY1,110, a 22.8% premium to the last close price.
While the offer represents an all-time high, it is light as it is 22% below the midpoint of the target IFA DCF valuation range. 
This is a done deal, as the lower limit is marginally above the level of irrevocables. Timing is the key risk with the offer expected to start in late June.


Matsuya R&D (7317 JP): Omron (6645 JP)’s Preconditional Tender Offer Is a Done Deal

Japan

Matsuya R&D Co.,Ltd. manufactures and distributes industry machinery equipment. The Company produces stitching systems for automobile safety devices, laser cutting machines, blood pressure arm bands, and other products. Matsuya R&D markets its products Japan.

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Matsuya R&D (7317 JP): Omron (6645 JP)’s Preconditional Tender Offer Is a Done Deal

This is a done deal, as the lower limit will be satisfied mainly by irrevocables. Timing is the key risk with the offer expected to start in late...

Arun George