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

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/paltac-corporation" target="_blank" data-smartkarma-citation="entities:20014:1" rel="noopener">Paltac Corporation (8283 JP)</a> has recommended a tender offer from <a href="https://www.smartkarma.com/entities/medipal-holdings-corp" target="_blank" data-smartkarma-citation="entities:18394:1" rel="noopener">Medipal Holdings (7459 JP)</a> at JPY6,650, a 43.2% premium to the last close. </li>
<li>The offer is attractive as it represents an all-time high and is above the midpoint of the special committee and target IFA’s DCF valuation range.</li>
<li>The required tendering rate is achievable due to an attractive offer. This is a done deal. The first closing date is 7 July, with payment commencing 14 July.  </li>
</ul>



Paltac Corporation (8283 JP) has recommended a tender offer from Medipal Holdings (7459 JP) at JPY6,650, a 43.2% premium to the last close. 
The offer is attractive as it represents an all-time high and is above the midpoint of the special committee and target IFA’s DCF valuation range.
The required tendering rate is achievable due to an attractive offer. This is a done deal. The first closing date is 7 July, with payment commencing 14 July.  


Paltac (8283 JP): MediPal (7459 JP)’s Attractive Tender Offer