(Mostly) Asia-Pac Weekly Risk Arb Wrap: Talon Energy, Pacific Current, Toshiba, Eoflow, 111 Inc
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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Toshiba (6502) Tender - Certainly Cheaper. Maybe Delayed, But Toshiba Fatigue Is Strong
Toshiba has sharply underperformed a broad peer basket since March. Too cheap has become cheaper. A Kioxia valuation input may arrive, but I expect...
607 Views
Merger Arb Mondays (24 Jul) - JSR, 111, Estia, Newcrest, InvoCare, Origin, Golden Eagle, Dali Foods
This week, the highest gross spreads are Chindata (16.9%), Estia (10.0%), 111 (9.7%), ENM (9.4%), JSR (7.4%), Costa (7.3%), Eoflow (7.3%), Poly...
460 Views
Invincible Investment Corp Placement - Decent Accretion Despite the Large Dilution
Invincible Investment plans to raise around US$230m to fund the acquisition of six hotel assets in Japan. In this note, we talk about the deal...
527 Views
Merger Arb Mondays (17 Jul) - Chindata, Eoflow, JSR, IMAX, Mason, Estia, Musgrave, Origin, InvoCare
This week, the highest gross spreads are 111 (27.5%), Chindata (15.0%), ENM (11.5%), Estia (9.6%), Poly Culture (7.8%), Costa (7.3%), Eoflow...
564 Views