Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 26 years of covering Asia Pacific equities, the past 20 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

Cleanaway Waste (CWY AU): EQT (All But) Firms Terms. Get Involved

Quiddity Advisors

Event-Driven

Cleanaway Waste Management / Event-Driven

<ul>
<li>It's been pretty quiet on the M&amp;A front for <strong><a href="https://www.smartkarma.com/entities/transpacific-industries-group-ltd" target="_blank" data-smartkarma-citation="entities:19885:1" rel="noopener">Cleanaway Waste (CWY AU)</a></strong>. KKR was rumoured to be interested four years ago. Around the time Cleanaway acquired Suez Sydney Assets.</li>
<li>Now Swedish PE outfit EQT has <a href="https://announcements.asx.com.au/asxpdf/20260813/pdf/072pv5zdfnn9vx.pdf" target="_blank" rel="noopener">proposed</a> taking Cleanaway private, via a Scheme, at A$3.13/share, a 32.1% premium to undisturbed. EQT has been afforded nine weeks of exclusive due diligence. </li>
<li>The indicative offer is subject to FIRB, ACCC, MACs, plus the standard Scheme vote from Cleanaway shareholders. Pricing appears fair. The board is supportive at A$3.13/share. </li>
</ul>


It's been pretty quiet on the M&amp;A front for Cleanaway Waste (CWY AU). KKR was rumoured to be interested four years ago. Around the time Cleanaway acquired Suez Sydney Assets.
Now Swedish PE outfit EQT has proposed taking Cleanaway private, via a Scheme, at A$3.13/share, a 32.1% premium to undisturbed. EQT has been afforded nine weeks of exclusive due diligence. 
The indicative offer is subject to FIRB, ACCC, MACs, plus the standard Scheme vote from Cleanaway shareholders. Pricing appears fair. The board is supportive at A$3.13/share. 


Cleanaway Waste (CWY AU): EQT's A$3.13/Share NBIO Is Fair