Metro Pacific's Tender Offer Kicks Off

1k Views11 Aug 2023 10:50
This is not a straightforward arb situation. If you have confidence in the 95% threshold, get involved here and on any pullback. On balance, I think this will get up.
Boomeranged on Fri, 8 Sep 2023 10:31
18.70% tendered at the close of the Tender Offer. And as GSIS shares (11.98%) are considered non-public - which was not evident or clear from the PSE or HKEx announcements - First Pac has 96.87% of MPIC, paving the way for the voluntary delisting. The Tender Offer period is extended to September 19.
SUMMARY
(Sign Up to Access)
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
Full Insight
(Paid Plans Only, 7-minute read)
Discussions
(Paid Plans Only)
chart-bar
Logo
Top 5%
David Blennerhassett
Pan-Asia Catalysts/Events
Quiddity Advisors
EquitiesEvent-Driven
x