In today’s briefing:
- Last Week In Event SPACE: Mandarin Oriental, Light & Wonder, Cathay Pacific, DeNA
Last Week In Event SPACE: Mandarin Oriental, Light & Wonder, Cathay Pacific, DeNA
- It’s fair bet Matheson (JM SP) opted for a Scheme for Mandarin Oriental (MAND SP) to avoid a repeat of the appraisal rights afforded Jardine Strategic (JS SP)‘s dissentient shareholders.
- On Light & Wonder (LNW AU/LNW US) giving up its US listing, short the Aussie line at A$124+ or the US line at US$79+. Expect more pressure early this week.
- Qatar Airways books a loss on its eight-yar investment as Cathay Pacific Airways (293 HK) moves to take out its 9.57% stake.
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