(Mostly) Asia-Pac Weekly Risk Arb Wrap: Esso Thailand, Essential Met, Norwest Energy, Halcyon Agri
This insight provides a summary of gross/annualised spreads (on deals discussed on Smartkarma) across Asia-Pacific as at the last trading date, and...
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Norwest Energy Rejects MinRes' Offer
MinRes needs to bump here. This is an easy win if they do. Take down borrow on MinRes and set up a Short MinRes, Long NWE
417 Views
Norwest Energy (NWE AU): Valuation Read Across from Warrego’s Takeover Battle
MinRes' offer is open. Hancock’s latest bid for Warrego suggests that Norwest is worth at least 20% more than MinRes’ offer. Expect the Board to...
480 Views
Essential Metals (ESS AU)’s Enters a SID at A$0.50 with a Tianqi/IGO JV
FIRB approval is a risk. The offer is far from a knockout bid which raises the possibility of a competing bid. At the last close and for a May end...
475 Views
Merger Arb Mondays (09 Jan) - Origin Energy, Warrego, Nitro, Norwest, Halcyon, Kingston
This week, the highest gross spreads are Alliance Aviation (52.7%), Genesis Minerals (35.1%), VNET (33.8%), Golden Energy (23.7%), Tyro (17.2%),...
523 Views