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

Nitro Software: KKR's $2.00/Share Firm Offer

Nitro Software: Potentia Matches KKR's $2.00/Offer

Nitro Software: Potentia Still In The Mix As DD Granted

Nitro Software Rejects Potentia's Proposal

Quiddity Advisors

Event-Driven

<ul>
<li>On the 28 October, Potentia announced an improved (and final) off-market Offer of A$1.80/share for <strong><a href="https://www.smartkarma.com/entities/nitro-software-ltd" target="_blank" data-smartkarma-citation="entities:30943:1" rel="noopener">Nitro (NTO AU)</a></strong>, a 13.9% improvement over its initial proposal on the 30 August. </li>
<li>Nitro has now concluded the Potentia Takeover Bid undervalues Nitro. The Offer, however, is still proceeding, and will open in two weeks.</li>
<li>Separately, KKR's Alludo has pitched a non-binding - subject to due diligence - Offer by way of  a Scheme (or off-market takeover) at A$2.00/share. Nitro is supportive of this Offer.</li>
</ul>


On the 28 October, Potentia announced an improved (and final) off-market Offer of A$1.80/share for Nitro (NTO AU), a 13.9% improvement over its initial proposal on the 30 August. 
Nitro has now concluded the Potentia Takeover Bid undervalues Nitro. The Offer, however, is still proceeding, and will open in two weeks.
Separately, KKR's Alludo has pitched a non-binding - subject to due diligence - Offer by way of  a Scheme (or off-market takeover) at A$2.00/share. Nitro is supportive of this Offer.


Nitro Software Rejects Potentia, Again, And Engages With KKR

Nitro Software Ltd

Nitro Software Rejects Potentia, Again, And Engages With KKR