bullish
Last Week in Event SPACE: BHP Group, Crown Resorts, 51job, Hitachi, Razer Inc
370 Views16 Jan 2022 09:00
SUMMARY
- Crown Resorts (CWN AU) backs Blackstone's revised Offer of A$13.10/share in cash, from A$12.50 previously, and up from A$11.85/share initially.
- The endgame approaches for the BHP (BHP AU) Unification trade. S&P announced the S&P/ASX upweight would be one-shot, as expected. Regulatory approvals are in. SARB has set BHP SJ as "domestic."
- The Offeror slashes the Offer price for 51 Job (JOBS US) by 27.6%, however, it's not clear how the new deal terms sidestep the regulator nor justify a reduction.
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
- Unlock all research summaries
- Follow top, independent analysts
- Receive personalised alerts and emails
- Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
- S&P/ASX Indices: Quiddity Primer26 Jan 2022
- BHP Buy Support with 51 PT26 Jan 2022
- Last Week in Event SPACE: BHP, Jardine Matheson, Cathay Pacific, HK&S Hotels, Large CCASS Moves23 Jan 2022
- Last Week in Event SPACE: BHP Group, Crown Resorts, 51job, Hitachi, Razer Inc16 Jan 2022
- Last Week in Event SPACE: Mapletree Merger, China Mobile, LG Chem, China Logistics09 Jan 2022
- Last Week in Event SPACE: NTT, Razer, Shinsei Bank, Evergrande, Bank of Kyoto, Nippon Express02 Jan 2022
x