[Japan M&A] Daiwa House Buyout of Sumitomo Densetsu (1949 JP) At ¥9,760 - A Good Exit
Daiwa House has agreed with parent Sumitomo Elec to buy out electrical construction firm Sumitomo Densetsu at ¥9,760. Sumi Elec will get 30% less....
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Sumitomo Densetsu (1949 JP): Daiwa House Industry (1925 JP)’s Attractive Tender Offer at JPY9,760
Despite a deficient process, the offer is attractive, as it represents an all-time high and is above the high end of the IFA DCF valuation range.
705 Views
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...
451 Views
Apiam Animal Health (AHX AU): 3rd Feb Vote On Adamantem's A$0.87/Share Offer
Clean deal. Trading at terms. Unless in - and/or can take advantage of the franking credits - I would be looking elsewhere.
423 Views
Merger Arb Mondays (15 Dec) - Toyota Ind, Makino, Raksul, Pacific Ind, Jinke, Meilan Airport, NSR
I summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
834 Views