IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

Arun has over 15 years’ experience covering the Technology sector. During this time, he has worked with technology start-ups and as an equity analyst in investment banks and independent research firms. He was formerly a Technology Analyst for Canaccord Genuity, Altium Securities, Espirito Santo Investment Bank, Noble Group and Clear Capital. He has a dual Master’s degree in Financial Engineering and Industrial and Operations Engineering from the University of Michigan. He obtained his Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology, Bombay. He is also a CFA charterholder.

IPOs and Catalysts/Events

Merger Arb Mondays (13 Apr) - ENN, Skyworth, Makino, Sankei, Olympic, The Global, NSR, Insignia

Pan Pacific's New "Robin Food": Retail Radicalism

PPI Purchase of Olympic Is Key to Building Tokyo Base for Robin Food

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/olympic-group-corp" target="_blank" data-smartkarma-citation="entities:4039:1" rel="noopener">Olympic Group (8289 JP)</a> announced a share exchange offer by <a href="https://www.smartkarma.com/entities/pan-pacific-international-holdings-corporation" target="_blank" data-smartkarma-citation="entities:13475:1" rel="noopener">Pan Pacific International Holdings (7532 JP)</a> at 1.18 PPIH shares per Olympic share, a 108.9% premium to the undisturbed price.</li>
<li>The share exchange ratio resulting from an auction is attractive because it is above the high end of the Olympic IFA’s DCF-derived exchange ratio. </li>
<li>The significant takeover premium ensures the Olympic EGM vote passes on 28 May. The effective date of the share exchange is 1 July.</li>
</ul>



Olympic Group (8289 JP) announced a share exchange offer by Pan Pacific International Holdings (7532 JP) at 1.18 PPIH shares per Olympic share, a 108.9% premium to the undisturbed price.
The share exchange ratio resulting from an auction is attractive because it is above the high end of the Olympic IFA’s DCF-derived exchange ratio. 
The significant takeover premium ensures the Olympic EGM vote passes on 28 May. The effective date of the share exchange is 1 July.


Pan Pacific International Holdings (7532 JP)

Olympic Group (8289 JP): Pan Pacific (7532 JP)’s High Premium Share Exchange Offer