PHC Holdings (6523 JP): Corporate Selling Tilts the Risk/Reward to the Downside
Mitsui and Mitsubishi Chemical sold near Toho's rumoured JPY1,571, cutting deal certainty and leaving a 20% overhang. Fair value is JPY1,800–2,030,...
138 Views
PHC Holdings (6523 JP): Willing Sellers, but Not at Toho's Rumoured Price
Toho's rumoured bid of more than JPY200bn (JPY1,571 per share) for PHC is below my estimated fair value of JPY1,800–2,030. Sellers want out, but...
134 Views
Weekly Deals Digest (11 Oct) - Taiyo, Arclands, BASE, PHC, Haitong Unitrust, Cleanaway, Ingenia/Peet
A weekly summary of key developments in ECM and Event-Driven names that I track in Hong Kong, Australia, New Zealand, Singapore, Japan, Indonesia,...
102 Views
Weekly Deals Digest (04 Oct) - Nikkon, BASE, Kakaku, PHC, Sankei RE, Northern Star, Ingenia
A weekly summary of key developments in ECM and Event-Driven names that I track in Hong Kong, Australia, New Zealand, Singapore, Japan, Indonesia,...
97 Views
Hogy Medical (3593 JP): After Months of Speculation, Carlyle Lobs a Tender Offer at JPY6,700
The offer, resulting from an auction, represents an all-time high and is above the midpoint of the IFA DCF valuation range. Dalton has provided an...
623 Views