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

FleetPartners (FPR AU) Dings Element's Exclusivity. SG Fleet Returns. ORIX Joins The Party

Expect SG Fleet To Revisit Eclipx As Mcmillan Falls

FleetPartners (FPR AU): SG Fleet's A$3.60/Share NBIO

FleetPartners (FPR AU): Mitsubishi Motors' Register Raid Foreshadows An Offer

Quiddity Advisors

Event-Driven

<ul>
<li>On the 3rd August 2026, Pacific Equity Partners-backed SG Fleet tabled a A$3.60/share NBIO for <a href="https://www.smartkarma.com/entities/fleetpartners-group-ltd" target="_blank" data-smartkarma-citation="entities:339:1" rel="noopener">FleetPartners Group (FPR AU)</a>, a 27.2% premium to last close.</li>
<li>Indicative terms were ~16% above where <a href="https://www.smartkarma.com/entities/mitsubishi-motors-corp" target="_blank" data-smartkarma-citation="entities:794:1" rel="noopener">Mitsubishi Motors (7211 JP)</a> built its 20% stake. That wasn't going to cut it. In any event, FleetPartners' board has now rejected the proposal.</li>
<li>Concurrent with the rejection, FleetPartners announced <a href="https://www.smartkarma.com/entities/element-fleet-management-corp" target="_blank" data-smartkarma-citation="entities:24511:1" rel="noopener">Element Fleet Management (EFN CN)</a> has tabled a A$4/share NBIO, a 41.3% premium to undisturbed. FleetPartners' board are contemplating terms. </li>
</ul>


On the 3rd August 2026, Pacific Equity Partners-backed SG Fleet tabled a A$3.60/share NBIO for FleetPartners Group (FPR AU), a 27.2% premium to last close.
Indicative terms were ~16% above where Mitsubishi Motors (7211 JP) built its 20% stake. That wasn't going to cut it. In any event, FleetPartners' board has now rejected the proposal.
Concurrent with the rejection, FleetPartners announced Element Fleet Management (EFN CN) has tabled a A$4/share NBIO, a 41.3% premium to undisturbed. FleetPartners' board are contemplating terms. 


FleetPartners (FPR AU): SG Fleet Out, Element Fleet In. For Now