ENEOS Bumps Tatsuta Elec (5809) Bid - 8.3% Bump Matches 8.7% Rise in BVPS Since Announcement
ENEOS has bumped its Tatsuta bid to ¥780/share, rewarding shareholders who kept their shares back. This matches the BVPS increase since late 2022....
430 Views
Weekly Deals Digest (28 Jul) - Fancl, Furukawa Battery, Sun Corp, TFC, Canvest, CPMC, GAPack, Arvida
Last week, notable developments occurred in Event-Driven (Fancl, Furukawa Battery, Sun Corp, Tatsuta, Canvest, CPMC, GAPack, Arvida) and ECM...
548 Views
(Mostly) Asia-Pac M&A: Furukawa Battery, Arvida, Warehouse Group, Pacific Smiles, Canvest, Jeisys
This insight provides a summary of gross/annualised spreads (on deals discussed on Smartkarma) across Asia-Pacific as at the last trading date, and...
621 Views
Tatsuta Electric (5809 JP): Eneos Returns with a Token Bump to JPY780
While the revised offer remains light, the token bump and deal fatigue should suffice to nudge the marginal vote to accept. At the last close, the...
511 Views
Merger Arb Mondays (22 Jul) - China TCM, GA Pack, Huafa, Samson, CPMC, Fancl, Tatsuta, Capitol
This week, the highest gross spreads are HEC Pharma (122.5%), China TCM (31.8%), Asia Cement (12.6%), Canvest (11.1%), GA Pack (10.9%), Malaysia...
516 Views