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

San Miguel Turns Its Sights To Eagle Cement

Quiddity Advisors

Event-Driven

<ul>
<li>Back on the 5 October, <strong><a href="https://www.smartkarma.com/entities/san-miguel-corporation" target="_blank" data-smartkarma-citation="entities:22728:1" rel="noopener">San Miguel (SMC PM)</a> </strong>announced the acquisition of <strong><a href="https://www.smartkarma.com/entities/eagle-cement-corp" target="_blank" data-smartkarma-citation="entities:31217:1" rel="noopener">Eagle Cement (EAGLE PM)</a></strong> at P22.02/share. On the 28 October,  Philippine Competition Commission said it had no issue.</li>
<li>The Tender Offer is now out, and the Offer is open for acceptance. The IFA considers the Offer price to be fair.</li>
<li>The Offer closes on the 5 December with an expected payment on the 14 December. </li>
</ul>


Back on the 5 October, San Miguel (SMC PM) announced the acquisition of Eagle Cement (EAGLE PM) at P22.02/share. On the 28 October,  Philippine Competition Commission said it had no issue.
The Tender Offer is now out, and the Offer is open for acceptance. The IFA considers the Offer price to be fair.
The Offer closes on the 5 December with an expected payment on the 14 December. 


Eagle Cement Corp

Eagle Cement: Offer Open. IFA Says Fair