Minmetals Land (230 HK): An Offer Premium Of 179% To NAV? Yes Please
Clean deal. If small-cap illiquid arbs are your bent get involved here. I'd pay up to HK$0.95/share, assuming end of February 2026 payment.
592 Views
IDT (167 HK): Expect Long-Dated MGO As Major Shareholder Placed In Receivership
Consumer electronics play IDT International (167 HK) is currently suspended pursuant to the Takeovers Code. But don't expect your usual Offer to...
756 Views
[Japan M&A/Activism] Digital HD (2389 JP) Gets a Counter + 20% - Tough But Not Impossible
Silvercape - the investor who had bought 11% pre-tender, more later - has announced a counterbid for Digital HD. Up 20%. The minimum is low enough...
1k Views
Digital Holdings (2389 JP): SilverCape Counters with a Hostile Preconditional Offer
The situation shares similarities with Soft99 tender. The Board is likely to oppose the SilverCape offer. Hakuhodo’s likely move will be to extend...
908 Views
Merger Arb Mondays (20 Oct) - ENN Energy, Joy City, Kangji, Mandarin, Soft99, Mandom, Makino
I summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
742 Views