(Mostly) Asia-Pac M&A: Sigma Healthcare Dropsuite, Japfa, Dada Nexus, Malaysia Airports, Sanyo Steel
This insight provides a summary of gross/annualised spreads (on deals discussed on Smartkarma) across Asia-Pacific as at the last trading date, and...
488 Views
Dropsuite (DSE AU): NinjaOne's A$5.90/Share Scheme
This is a clean deal. Trading tight at 3.1%/9.8% gross/annualised spread, assuming late May completion. If in, stay in. If small, illiquid arbs are...
540 Views
Dada Nexus (DADA US): JD.Com's US$2/ADS Non-Binding Offer
Given the indicative nature of JD.com's Offer, DADA is trading wide at a 11% gross spread to terms. I'd look to enter around here and on any pullback.
496 Views
Red Hawk (RHK AU): Fortescue's Off-Market Offer
This is done. Trading tight at A$1.19/share. Payment under the Offer is 10 business days once unconditional. If in, stay in. If small, illiquid...
392 Views
Shandong Hi-Speed New Energy (1250 HK)'s Unconditional MGO Now Open
Assuming around mid-Feb payment, I'd pay up to HK$1.76/share. Don't expect a bump in terms. SDHG has taken advantage of Citic exiting.
470 Views