Tencent Launches a Privatisation Bid for Leyou
Leyou Technologies (1089 HK)’s long-drawn takeover saga has entered its final act. After market close on Thursday, Tencent Holdings (700 HK)...
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Global Equity Strategy: Bullish Outlook Intact
The MSCI ACWI index (USD) is breaking out to all-time highs while the MSCI EM index (local) is breaking above its prior highs from January. This is...
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Leyou (1089): Tencent Is Game As Scheme Tabled
After going into a trading halt on the 10 July, Leyou announced Charles Yuk - its largest shareholder - had entered into a privatisation...
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Leyou – We Expect a Deal Soon and at the Top End of Reported Terms or Possibly Higher
In March with Leyou trading at HKD2.30 we said that we believed a deal for the company was likely even though we considered the then reported...
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StubWorld: Naspers Is Cheap To Prosus & Look-Thru
This week in StubWorld ... Prosus (PRX NA)'s discount to NAV has narrowed since its low in late March; yet Naspers (NPN SJ) is around its widest...
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