Benefit One (2412 JP): Dai-Ichi Life’s Tender Offer at JPY2,123
M3 is unlikely to engage in a bidding war. Expect the Board and Pasona to support the Dai-ichi Life proposal. The tender starts in mid-Jan. At the...
851 Views
Merger Arb Mondays (18 Dec) - Shinko Electric, Benefit One, Toyo, CPMC, Vinda, Costa, Volpara
This week, the highest gross spreads are IRC (26.9%), OreCorp (17.7%), Shinko Electric (9.2%), JSR (6.6%), Lithium Power (5.6%), Benefit One...
769 Views
Weekly Deals Digest (17 Dec) - Benefit One, Shinko Electric, Toyo, CPMC, Vinda, Hollysys, Rept
Last week, notable developments occurred in Event-Driven (Benefit One, Shinko Electric, Toyo Construction, CPMC, Vinda, Hollysys, Costa, Volpara)...
688 Views
Benefit One (2412): M3 Extends For a Full Month
Today, Benefit One asked M3 to extend its Tender Offer and by rule, M3 did. But the extension was longer than required. Now we wait a month. The...
933 Views
Merger Arb Mondays (11 Dec) - Benefit One, Outsourcing, Tokyo Rakutenchi, CPMC, Weiqiao Textile
This week, the highest gross spreads are Outsourcing (52.1%), Healius (37.0%), IRC (26.9%), OreCorp (17.4%), Hollysys (16.7%), Tokyo Rakutenchi...
651 Views