Merger Arb Mondays (10 Nov) - Soft99, Digital Holding, Saint-Care, ANE, ENN Energy, Mayne, AUB
I summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
476 Views
[Japan M&A/Activism] Soft99 Board Rebuts Effissimo's Rebuttal. Still An Awful "Fiduciary" Response
KeePer Lab has announced its Board has decided unanimously to tender the KeePer Lab shares to the Effissimo Tender Offer at ÂĄ4,100 rather than to...
1.1k Views
Soft99 Corp (4464 JP): Precedent Set but Still a Fluid Outcome
The outcome is still not set in stone. Effissimo’s chances of success have increased, but the MBO still retains a long-shot chance of success.
1.9k Views
[Japan M&A/Activism] Soft99 Plummets, Rebounds, Activist Rebuts, KeePer Lab Holds, MBO Extends
After plummeting when Soft99 came out against Effissimo's bid, they've bounced back after a scathing rebuttal shows Board negligence, and the MBO...
712 Views
Soft99 Corp (4464 JP): Could the MBO Revised Offer Get the Job Done?
The latest update points to modest withdrawals of non-KeePer acceptances. Effissimo continues to face an uphill task, and the revised MBO offer...
880 Views