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

CSR (CSR AU): Saint Gobain Firms $9/Share Bid

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/cie-de-saint-gobain" target="_blank" data-smartkarma-citation="entities:21547:1" rel="noopener">Cie De Saint-Gobain (SGO FP)</a> is offering <a href="https://www.smartkarma.com/entities/csr-ltd" target="_blank" data-smartkarma-citation="entities:17380:1" rel="noopener">CSR (CSR AU)</a> shareholders A$9/share by way of a Scheme, a 34% premium to last close. That's a knockout price.</li>
<li>The Offer is indicative. Confirmatory due diligence is ongoing. CSR board has, not surprisingly "unanimously resolved to pursue the offer at an agreed price of A$9.00". </li>
<li>A firm offer would be subject to FIRB and shareholder approval. Neither should pose an issue. Assuming a firm Offer is shortly forthcoming, this could be wrapped up late-July</li>
</ul>



Cie De Saint-Gobain (SGO FP) is offering CSR (CSR AU) shareholders A$9/share by way of a Scheme, a 34% premium to last close. That's a knockout price.
The Offer is indicative. Confirmatory due diligence is ongoing. CSR board has, not surprisingly "unanimously resolved to pursue the offer at an agreed price of A$9.00". 
A firm offer would be subject to FIRB and shareholder approval. Neither should pose an issue. Assuming a firm Offer is shortly forthcoming, this could be wrapped up late-July


CSR (CSR AU): Saint Gobain's $9/Share NBIO

CSR Ltd

CSR (CSR AU): Saint Gobain's $9/Share NBIO