Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

Last Week In Event SPACE: FamilyMart, Sina, Line Corp, Metlifecare, Accordia Golf, Jingjeng, O-Net

Equity Analyst, Event-driven, Quiddity Advisors

Janaghan Jeyakumar, CFA

Equity Analyst, Event-driven

On 6th July, UK-based independent Oil &amp; Gas company <a href="https://www.smartkarma.com/entities/rockrose-energy-plc" target="_blank" data-smartkarma-citation="entities:29185:1" rel="noopener">Rockrose Energy PLC (RRE LN)</a> made an <a href="https://www.investegate.co.uk/rockrose-energy-plc--rre-/rns/recommended-cash-offer-for-rockrose-energy-plc/202007060700070985S/" target="_blank" rel="noopener">announcement</a> that it had agreed to be acquired by physical energy trading group Viaro Energy in a Deal that values the company at a market cap of of GBP244mn.The Transaction will be implemented by way of a Scheme of Arrangement. The Offer Price is GBP18.50/share and the consideration will be in the form of cash.The Deal is conditional on receiving approval from RockRose Energy shareholders and is expected to complete in August 2020. In this insight, we look into the details of the transaction to evaluate the likelihood of this Deal completing. As usual, there is more below the fold.

On 6th July, UK-based independent Oil &amp; Gas company Rockrose Energy PLC (RRE LN) made an announcement that it had agreed to be acquired by physical energy trading group Viaro Energy in a Deal that values the company at a market cap of of GBP244mn.The Transaction will be implemented by way of a Scheme of Arrangement. The Offer Price is GBP18.50/share and the consideration will be in the form of cash.The Deal is conditional on receiving approval from RockRose Energy shareholders and is expected to complete in August 2020. In this insight, we look into the details of the transaction to evaluate the likelihood of this Deal completing. As usual, there is more below the fold. 

RockRose-Viaro Deal: Trading Close to Terms

United Kingdom

Rockrose Energy PLC operates as an investment company. The Company focuses on the acquisition, investment, and development of onshore and offshore oil and gas, as well as conventional and unconventional production assets.

Rockrose Energy PLC (RRE LN)

Last Week In Event SPACE: FamilyMart, Sina, Line Corp, Metlifecare, Accordia Golf, Jingjeng, O-Net

Last Week in Event SPACE ... Interestingly, the impact of FamilyMart Co Ltd (8028 JP)'s shareholder dynamic on price may not be what "smart"...

David Blennerhassett

RockRose-Viaro Deal: Trading Close to Terms

On 6th July, UK-based independent Oil & Gas company Rockrose Energy PLC (RRE LN) made an announcement that it had agreed to be acquired by...

Janaghan Jeyakumar, CFA