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 22 years of covering Asia Pacific equities, the past 19 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

Costa Group's Shareholder Vote Set. Get Involved

Costa - Another Bite at the Apple for Paine Schwartz?

Costa Group's Low-Hanging Fruit: Paine Schwartz Renews Interest

Quiddity Advisors

Event-Driven

<ul>
<li>Back on the 4 July, Paine Schwartz Partners (PSP) made an A$3.50/share NBIO for <strong><a href="https://www.smartkarma.com/entities/costa-group-holdings-ltd" target="_blank" data-smartkarma-citation="entities:22632:1" rel="noopener">Costa Group (CGC AU)</a></strong> by way of a Scheme.  PSP held 14.84% at the time.</li>
<li>The due diligence period came and went, or so it appeared, but Costa said it remained ongoing.  Rumours circulated that PSP had gone cold. 1H23 results were also delayed. </li>
<li>Costa has now announced this morning that PSP has returned with a $3.20/share Offer - best and final - reduced for any permitted dividend of up to A$0.04, if declared. </li>
</ul>


Back on the 4 July, Paine Schwartz Partners (PSP) made an A$3.50/share NBIO for Costa Group (CGC AU) by way of a Scheme.  PSP held 14.84% at the time.
The due diligence period came and went, or so it appeared, but Costa said it remained ongoing.  Rumours circulated that PSP had gone cold. 1H23 results were also delayed. 
Costa has now announced this morning that PSP has returned with a $3.20/share Offer - best and final - reduced for any permitted dividend of up to A$0.04, if declared. 


Costa Group Holdings

Costa Mulls Paine Schwartz's Lower Bid