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

Quiddity Advisors

Event-Driven

<ul>
<li>Barry Diller’s People Inc. is offering to buy <a href="https://www.smartkarma.com/entities/mgm-resorts-international" target="_blank" data-smartkarma-citation="entities:16227:1" rel="noopener">MGM Resorts International (MGM US)</a> at US$48.30/share. People Inc., formerly known as IAC, owns ~26.1% stake in MGM Resorts.</li>
<li>MGM Resorts owns 55.95% in <a href="https://www.smartkarma.com/entities/mgm-china-holdings-limited" target="_blank" data-smartkarma-citation="entities:472:1" rel="noopener">MGM China (2282 HK)</a>. A successful Offer should require People Inc to make a downstream Offer for MGM China; unless its obtains an SFC waiver.</li>
<li>It should also kick off a regulatory vetting process by the Macau government on MGM China's 10-year gaming concession.</li>
</ul>


Barry Diller’s People Inc. is offering to buy MGM Resorts International (MGM US) at US$48.30/share. People Inc., formerly known as IAC, owns ~26.1% stake in MGM Resorts.
MGM Resorts owns 55.95% in MGM China (2282 HK). A successful Offer should require People Inc to make a downstream Offer for MGM China; unless its obtains an SFC waiver.
It should also kick off a regulatory vetting process by the Macau government on MGM China's 10-year gaming concession.


Diller's Offer For MGM Resort Should Trigger A Downstream Offer For MGM China