Tourism Holdings (THL NZ/THL AU): Indie Campers Decides to Take on the BGH/Trouchet Consortium
The competing bid is likely to be structured as an off-market takeover offer with step-up payments. This development is likely to increase the odds...
454 Views
Tourism Holdings (THL NZ/AU): Unnamed Bidder Lobs A NZ$3.30-3.40 NBIO
Two "credible" parties in the mix. If small, illiquid - and non-binding arbs - are your bag, buy here. But not aggressively. The BGH/Trouchet...
115 Views
Tourism Holdings (THL NZ/THL AU): BGH/Trouchet Consortium Return with a Revised NBIO at NZ$3.10
The Board has agreed to grant due diligence, subject to signing a confidentiality agreement, as the consortium confirmed its offer remains at...
193 Views
Tourism Holdings (THL NZ/AU): BGH & Trouchet Family Return To The Well
This Offer is less opportunistic. And key shareholders are supportive. THL should engage. If small, illiquid, non-binding arbs, are your bag, I'd...
169 Views
Merger Arb Mondays (12 Oct) - Skyworth, Z Fin, OFX, Ingenia/Peet, Cleanaway, Reliance, Kakaku
I summarise the latest spreads and newsflow for the merger arb situations covered across Hong Kong, Australia, NZ, Singapore, Japan, Indonesia,...
201 Views