BlueScope (BSL AU): SGH And SDI's Latest NBIO - What Say You AusSuper?
Revised terms are close to SDI's NBIO last year, which was rejected. BlueScope has zero net debt. The USA ops are undervalued. And structurally...
580 Views
BlueScope Steel (BSL AU): SGH and Steel Dynamics’ Best and Final Offer
The offer does not fully address the Board’s reasons for rejecting the previous offer, but it will pressure the Board to engage. AustralianSuper...
409 Views
Magnetic Resources (MAU AU): Genesis (GMD US)’s Binding Proposal
While the offer represents an all-time high, it is light compared to peer EV/Resource and EV/Reserve multiples. Due to the significant...
311 Views
Merger Arb Mondays (16 Feb) - ENN, Dongfeng, Inforich, Takara Bio, Raksul, Toyota Ind, Pepper Money
I summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
638 Views
Asia-Pac M&A Weekly Wrap: Pepper Money, MCJ, Br Holdings, Alleanza, Dongfeng Motor, Mandom
This insight provides a summary of gross/annualised spreads (on deals discussed on Smartkarma) across Asia-Pacific as at the last trading date, and...
295 Views