Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 25 years of experience in analyzing hundreds of companies, especially in Asia. Deep expertise in the following sectors:
- Technology (E-commerce, SaaS, Internet)
- Consumer 
- Special Situations/Deep Value Plays
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

MBK's ConnectWave Tender Offer: Details & Trading Angles

Douglas Research Advisory

Event-Driven

<ul>
<li>After the market close on 26 April, it was reported that MBK Partners has launched a tender offer of a 29.61% stake of Connectwave (119860 KS).</li>
<li>The tender offer price is 18,000 won, which is 15.6% higher than the closing price (15,570 won) of the company on 26 April.</li>
<li>The tender offer period is from 29 April to 24 May. The amount of the tender offer is about 300 billion won. </li>
</ul>


After the market close on 26 April, it was reported that MBK Partners has launched a tender offer of a 29.61% stake of Connectwave (119860 KS).
The tender offer price is 18,000 won, which is 15.6% higher than the closing price (15,570 won) of the company on 26 April.
The tender offer period is from 29 April to 24 May. The amount of the tender offer is about 300 billion won. 


Connect Wave: Tender Offer of 30% of Shares by MBK Partners