Katakura Industries

Katakura (3001 JP) MBO/Tender Fails

Event-Driven
254 Views, 12 Jan 2022 22:59
EXECUTIVE SUMMARY
  • The Katakura (3001 JP) MBO has failed. Nearly 60% tendered but I expect 85-90% of that 60% came from corporate and financial crossholders. 
  • A new activist is in at ¥2,350/share, and that activist wants a higher price. 
  • It is not clear there is a lot of downside here, but it is not clear what drives it up near-term either.
detail (6-minute read)
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Travis Lundy
Pan-Asia Catalysts/Events
Quiddity Advisors
Japan & Hong KongEquitiesEvent-DrivenQuantitative Analysis

HK Type 4 license through Ballingal Investment Advisors Ltd. ("BIA" or "BIAL") BACKGROUND I have 20+yrs experience in A... 

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