Toho Titanium (5727 JP): JX Advanced (5016 JP)’s Opportunistically Timed Share Exchange
The timing is opportunistic as JX Advanced’s shares have materially outperformed Toho Titanium YTD. However, this is a done deal as JX and...
334 Views
[Japan M&A] JX Advanced Metals (5016) And Toho Titanium (5727) To Merge VERY Quickly
JX Advanced Metals is taking over Toho Titanium (then will spin it out and sell a stake to Nippon Steel) at a 50% premium to last BUT there have...
1.1k Views
Boqian New Materials (博迁新材) A+H Pre-IPO: Early Thoughts
Boqian New Materials is seeking an A+H listing. In this note, we look at the company's business, its industry context and provide our early thought...
129 Views
Merger Arb Mondays (11 May) - Altas, European Lithium, Atlantic Lithium, Vault, Emmerson, Shengmu
The Ontario Teachers’ ROFO acceptance period has expired. While the Board is exploring other opportunities, the Takeover Panel notes “that there...
466 Views
Merger Arb Mondays (25 May) - Kakaku, Nippon Dry Chem, Skyworth, Changhong Jiahua, Shengmu, Qoria
I summarise the latest spreads and newsflow for the merger arb situations we cover across Hong Kong, Australia, NZ, Singapore, Japan, Indonesia,...
155 Views