Weekly Deals Digest (16 Nov) - Pacific Ind, Forum, Fujitec, Itochu Shokuhin, Maruwn, Star Micronics
A weekly summary of key developments across ECM and Event-Driven names tracked by us across Hong Kong, Australia, NZ, Singapore, Japan, Indonesia,...
375 Views
[Japan M&A/Activism] - Effissimo Keeps Buying Pacific Industrial (7250) Above New Terms
MBO Bidco extended for a committed tenderer on the last day, but if that had meant success, they didn't need to extend/announce. So they're not...
376 Views
Pacific Industrial (7250 JP): A Day Before Close, Effissimo Increases Its Stake Further
The close is likely to be extended as Effissimo added to its stake, and the shares trade above terms. Another bump is possible, but the Ogawas will...
400 Views
[Japan M&A/Activism] - Activism Wins as MBO Bidder Pays 42.4% More for Pacific Industrial (7250 JP)
A win for activist and minority investors. To be clear this was not the sudden realisation of good governance by an informationally-advantaged...
759 Views
Pacific Industrial (7250 JP): The Wow Factor as MBO Bumped by 42% to JPY2,919
I expected a bump, but not to this level. Murakami, who was agitating behind the scenes, will tender. Effissimo has not telegraphed its intention...
594 Views