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

Weekly Deals Digest (21 Jun) - Accent, Atlas, OOh!Media, Qube, Skyworth, Lingyi, SG Micro, Circuit

Merger Arb Mondays (22 Jun) - Kakaku, Nippon Dry, Shinko Shoji, Accent, Humm, Qoria, Skyworth

OOh!media (OML AU): I Squared Emerges with the Winning Bid

OOh!media (OML AU): I Squared’s Competing Offer, While Rejected, Sets an Auction in Motion

OOh!media (OML AU): PEP’s Non-Binding Proposal Is Light

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/ooh-media-ltd" target="_blank" data-smartkarma-citation="entities:8662:1" rel="noopener">OOh!Media Ltd (OML AU)</a> disclosed that it had received revised non-binding proposals from PEP, ISquared and Oaktree Capital at A$1.60, a 10.3% premium to the previous ISquared A$1.45 offer. </li>
<li>The offer would not be reduced for the 1H26 dividend. The Board will provide the bidders with additional due diligence access, which is expected to take six weeks to complete.</li>
<li>The revised A$1.60 offer still has headroom for improvement compared to precedent transactions and peer multiples. A three-way tussle increases the odds of a higher binding offer.</li>
</ul>



OOh!Media Ltd (OML AU) disclosed that it had received revised non-binding proposals from PEP, ISquared and Oaktree Capital at A$1.60, a 10.3% premium to the previous ISquared A$1.45 offer. 
The offer would not be reduced for the 1H26 dividend. The Board will provide the bidders with additional due diligence access, which is expected to take six weeks to complete.
The revised A$1.60 offer still has headroom for improvement compared to precedent transactions and peer multiples. A three-way tussle increases the odds of a higher binding offer.


oOh!Media Ltd

OOh!media (OML AU): A Three-Way Tussle