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

Insignia Financial (IFL AU) Accepts CC Capital's Reduced Terms

Insignia Financial (IFL AU): Bain Walks Due To "Macro Uncertainty". CC Capital's Still In. For Now

Insignia Financial (IFL AU): The Field Narrows As Bain And CC Capital Bump Terms

Quiddity Advisors

Event-Driven

<ul>
<li>Back on the 22nd July, <a href="https://www.smartkarma.com/entities/insignia-financial-ltd" target="_blank" data-smartkarma-citation="entities:12349:1" rel="noopener">Insignia Financial (IFL AU)</a>, a wealth manager and previously known as IOOF, entered into a Scheme with CC Capital at A$4.80/share.</li>
<li>That's 56.9% premium to undisturbed (11th December 2024), 20% above Bain's initial indicative tilt, but 4% below CC Capital (% Bain's) A$5.00/share indictive Offer on the 7th March 2025.</li>
<li>
<a href="https://announcements.asx.com.au/asxpdf/20260227/pdf/06wwkrzh14m716.pdf" target="_blank" rel="noopener">The Scheme Booklet is now out</a>, with a Scheme Meeting on the13th April, and expected implementation on the 28th April  2026. The IE (Kroll) says "fair &amp; reasonable".</li>
</ul>


Back on the 22nd July, Insignia Financial (IFL AU), a wealth manager and previously known as IOOF, entered into a Scheme with CC Capital at A$4.80/share.
That's 56.9% premium to undisturbed (11th December 2024), 20% above Bain's initial indicative tilt, but 4% below CC Capital (% Bain's) A$5.00/share indictive Offer on the 7th March 2025.

The Scheme Booklet is now out, with a Scheme Meeting on the13th April, and expected implementation on the 28th April  2026. The IE (Kroll) says "fair &amp; reasonable".


Insignia Financial (IFL AU): 13th April Vote On CC Capital's A$4.80/Share Offer