[Japan M&A] Taiyo Pacific Offers ¥2,210 for Star Micronics (7718) Completing the Shareholder Ripoff
The MBO is the culmination of an concerted exercise in bad governance. The Board has agreed to sell the entire company this year at <1x book...
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Star Micronics (7718 JP): Taiyo Pacific’s Tender Offer at JPY2,210
The offer is well below the midpoint of the IFA DCF range. However, it represents an all-time high. Unless an activist emerges, the tender offer is...
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Companies that Revised Full-Year Guidance in the Last Month....
7 names revised full-year company guidance over the last month. Benesse Holdings Inc (9783 JP) dropped its Sales and Operating Profit forecast but...
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Merger Arb Mondays (22 Dec) - Dongfeng, Jinke, ANE, ENN, Makino, Pacific Ind, Raksul, Toyota Ind
I summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
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Asia-Pac M&A Weekly Wrap: Mandom Humm, Medical Data Vision, Predictive Disc., ReNew Energy Global
This insight provides a summary of gross/annualised spreads (on deals discussed on Smartkarma) across Asia-Pacific as at the last trading date, and...
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