IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

Arun has over 15 years’ experience covering the Technology sector. During this time, he has worked with technology start-ups and as an equity analyst in investment banks and independent research firms. He was formerly a Technology Analyst for Canaccord Genuity, Altium Securities, Espirito Santo Investment Bank, Noble Group and Clear Capital. He has a dual Master’s degree in Financial Engineering and Industrial and Operations Engineering from the University of Michigan. He obtained his Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology, Bombay. He is also a CFA charterholder.

IPOs and Catalysts/Events

Weekly Deals Digest (05 Oct) - Mitsubishi Logisnext, Soft99, Daiseki Eco, I Net, Tekscend, LG

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Global Equity Research Ltd

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Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/daiseki-eco-solution-co-ltd" target="_blank" data-smartkarma-citation="entities:13776:1" rel="noopener">Daiseki Eco. Solution (1712 JP)</a> has recommended a tender offer from <a href="https://www.smartkarma.com/entities/daiseki-co-ltd" target="_blank" data-smartkarma-citation="entities:2330:1" rel="noopener">Daiseki Co Ltd (9793 JP)</a> at JPY1,850, a 54.3% premium to the last close.</li>
<li>The offer is attractive as it is above the midpoint of the target IFA DCF valuation range and represents a three-year high. </li>
<li>The low required minority tendering rate facilitates completion. The tender runs from 3 October to 17 November.  </li>
</ul>



Daiseki Eco. Solution (1712 JP) has recommended a tender offer from Daiseki Co Ltd (9793 JP) at JPY1,850, a 54.3% premium to the last close.
The offer is attractive as it is above the midpoint of the target IFA DCF valuation range and represents a three-year high. 
The low required minority tendering rate facilitates completion. The tender runs from 3 October to 17 November.  


Daiseki Eco. Solution (1712 JP): Daiseki (9793 JP)’s Tender Offer at JPY1,850