Cuscal IPO - Peer Comparison & Thoughts on Valuation
Cuscal Limited (1229Z AU) is looking to raise US$234m in its upcoming Australia IPO. In this note we will undertake a peer comparison and share our...
789 Views
Ventia Services Group US$450m Placement Lockup Expiry - Past Deals Have Done Well
The deal is now live, with the two investors looking to sell half of their current stake, as we had expected. This will be a very well flagged deal.
918 Views
Redox IPO - Family Owned with a Long Track Record
Redox (RDX AU), a chemical and ingredients distributor, is looking to raise around US$270m in its Australia IPO. In this note, we will look at the...
481 Views
Infratil Placement - Acquisition of Familiar Asset at Higher Multiples, Stock Is Toppish
Infratil Ltd (IFT NZ) aims to raise around US$456m (NZ$750m) via an institutional placement. In this note, we talk about the placement and run the...
454 Views
Merger Arb Mondays (22 May) - HKBN, Newcrest, InvoCare, United Malt, Golden Energy, Penguin, Shinsei
This week, the highest gross spreads are 111 (32.1%), Estia (16.7%), HKBN (14.3%), United Malt (12.9%), Hailan (8.7%), AAG Energy (7.6%), Origin...
550 Views