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

Lynch Group (LGL AU): (Another) Clean Offer From TPG

Quiddity Advisors

Event-Driven

<ul>
<li>Back on the 20th August, <a href="https://www.smartkarma.com/entities/lynch-group-holdings-limited" target="_blank" data-smartkarma-citation="entities:36359:1" rel="noopener">Lynch Group (LGL AU)</a>, an integrated wholesale floral play, entered into a Scheme with Hasfarm Holdings and Darwin Aus Bidco - both are TPG entities.</li>
<li>TPG offered A$2.245/share, a 28.3% premium to last close, including a A$0.09/share fully franked dividend. 38.5% of shareholders were supportive. TPG held a call option for 19.9% of shares out.</li>
<li>
<a href="https://announcements.asx.com.au/asxpdf/20251021/pdf/06qv15gqd0cygd.pdf" target="_blank" rel="noopener">The Scheme Booklet is now out</a>, with a Scheme Meeting on the 21st November, and expected implementation on the 9th December. The IE (KPMG) says "fair &amp; reasonable". Clean deal.</li>
</ul>


Back on the 20th August, Lynch Group (LGL AU), an integrated wholesale floral play, entered into a Scheme with Hasfarm Holdings and Darwin Aus Bidco - both are TPG entities.
TPG offered A$2.245/share, a 28.3% premium to last close, including a A$0.09/share fully franked dividend. 38.5% of shareholders were supportive. TPG held a call option for 19.9% of shares out.

The Scheme Booklet is now out, with a Scheme Meeting on the 21st November, and expected implementation on the 9th December. The IE (KPMG) says "fair &amp; reasonable". Clean deal.


Lynch Group (LGL AU): 21st November Vote On TPG's Offer

Lynch Group Holdings

Lynch Group (LGL AU): 21st November Vote On TPG's Offer