Lifestyle International’s Court Meeting on 21 November
The offer is light but there is no headcount test. No shareholder holds a blocking stake. At the last close, the gross spread to the offer is 9.6%.
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Lifestyle International’s HK$5.00 Privatisation Bid
The first case of controlling shareholders taking advantage of the upcoming removal of the headcount test for Cayman schemes. We would be buyers up...
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Lifestyle Int'l (1212 HK): Thomas Yau Offer?
Shares are currently suspended, so there is nothing to be done. IF a firm Offer unfolds from Yau, expect a punchy premium. Optically, HK$6/share is...
561 Views
I.T. (999 HK): Scheme Meeting 16 April. IFA Says Fair
Currently trading at a wide gross/annualised spread of 5.6%/53.9% given the significant downside if the deal breaks. But I think there's enough in...
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(Mostly) Asia M&A: November 2019 Roundup
For the month of November, 21 new deals were discussed on Smartkarma with an overall announced deal size of ~US$75bn, helped in large part by...
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