Descente (8114 JP): Itochu’s (8001 JP) Tender Offer Launches
While light the offer will likely succeed. There is no vocal opposition, the volume traded through terms is low, and the offer implies a premium...
549 Views
Descente (8114 JP): Itochu’s (8001 JP) Light Pre-Conditional Offer
Securing the required acceptance rate could prove challenging as the offer price is light. There is a reasonable chance the shares will trade above...
541 Views
Amer Sports IPO: The Bear Case
The bear case rests on ball and racquet sports’ deteriorating performance, EBIT margin not materially improving under the consortium’s ownership,...
791 Views
Amer Sports IPO: The Bull Case
The bull case rests on the rapid growth and gross margin improvement under the consortium's ownership, along with technical apparel and outdoor...
850 Views
Descente Descended and Itochu Angle Is More Hostile
Descente Ltd (8114 JP)Â has been in the press quite a bit in recent days with management commentary about how the company and directors disagree...
944 Views