Daily Brief Financials: Steadfast, Kalyani Investment, Albatross Acquisition, OUE Healthcare, Dune Acquisition Corporation Iii, Three Lions Acquisition, Universal Store Holdings Ltd and more

• Back on the 10th June, Steadfast (SDF AU)entered into a process deal with Amwins/Dragoneer/KKR at A$6/share by way of a Scheme, a 51.9% premium to undisturbed.
• The suitors were provided with eight weeks of exclusive due diligence access, which was extended to the 21st August, all while telegraphing negotiations were progressing nicely.
• On the 21st August, Steadfast announced Amwins/Dragoneer/KKR had firmed their $6/share Scheme bid. Mid-late December implementation expected. The board is unanimous. The Offer price is not final.

• This insight details why Tata Investment Corporation (TATAINVE IN) and Kalyani Investment (KALY IN) share price has been declining. 
• We also discuss the latest developments in TVS (TVSHLTD IN) .
• Finally, we conclude with takeaways from Holdco price movement during the week.

• Albatross Acquisition Corporation is a newly formed blank check company incorporated in the Cayman Islands for effecting a business combination.
• The management team has extensive experience identifying, evaluating, and executing investments, with a network providing access to proprietary deal flow.
• As of June 30, 2026, actual total assets were $175,633, and there is substantial doubt about continuing as a going concern.

This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.

• Back on the 16th December 2025, OUE (OUE SP) acquired Itochu Corp (8001 JP)‘s 19.32% stake in OUE Healthcare (OUEHC SP), a healthcare/property play, lifting OUE’s holding to 89.68%.
• OUE paid S$0.024/share at the time. OUE has now announced an Offer, by way of a Scheme, for OUEHC at S$0.05/share, a 28.2% premium to undisturbed and a five-year high.
• Terms are not final (as far as I can see). Four to five months is a rough gauge to complete; although Avarga (AVARGA SP)‘s Scheme is taking significantly longer. 

• Dune Acquisition Corporation III is a blank check company formed to effect a business combination. It focuses on digital assets, sports & entertainment, SaaS, and AI sectors.
• The global crypto market is projected to reach US$15.4 billion by 2032. SaaS market size is projected to grow to $1.1 trillion by 2032.
• Total assets were $86,874 (Actual June 30, 2026). Shareholders’ deficit was $(45,634) (Actual June 30, 2026).

This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.

• Three Lions Acquisition Corp. is a Cayman Islands exempted company formed to effect a business combination with one or more businesses. It aims to identify, acquire, and grow a business.
• Three Lions Acquisition Corp. was incorporated on March 10, 2026, as a blank check company. It is offering 10,000,000 units at $10.00 per unit in an IPO.
• As of June 30, 2026, there is substantial doubt about the company’s ability to continue as a “going concern” with a working capital deficiency of $(191,821).

This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.

• FY26 yet again highlighted Universal Store as a quality retail operator against an increasingly challenging macro backdrop.
• Universal Store defies a tough retail backdrop, catching shorters on the back foot Perfect Stranger emerges as a growth engine Record store rollout and market share gains underpin FY27 growth outlook