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

Pushpay: BGH/Sixth Street Keep The Faith With $1.34/Share Tilt

Pushpay Holdings: 3rd March Scheme Meeting. IA Says Fair

Pushpay Holdings: ACC & Nikko Say No To Scheme

Expressions Of Interest Resurrect Pushpay

Shift4 IPO: Lower Valuation Multiples Justify Lower Growth Profile

Quiddity Advisors

Event-Driven

<ul>
<li>Back on the 26 April, church donor management tech play <strong><a href="https://www.smartkarma.com/entities/pushpay-holdings-ltd" target="_blank" data-smartkarma-citation="entities:13737:1" rel="noopener">Pushpay Holdings (PPH NZ)</a></strong> <a href="https://www.nzx.com/announcements/390975" target="_blank" rel="noopener">announced</a> "<em>unsolicited, non-binding and conditional expressions of interest or approaches from third parties</em>". No price was mentioned. </li>
<li>Roughly a month later, BGH Capital and Sixth Street, both existing shareholders,<a href="https://www.nzx.com/announcements/392626" target="_blank" rel="noopener"> entered into</a> a cooperation agreement with respect to a potential transaction for Pushpay. Again, no price was provided. </li>
<li>Pushpay has now <a href="https://www.nzx.com/announcements/400268" target="_blank" rel="noopener">announced</a> it has received a non-binding proposal. Word on the street this involves BGH. Still, no price was made public. A 30% premium to undisturbed is ~NZ$1.34/share.</li>
</ul>


Back on the 26 April, church donor management tech play Pushpay Holdings (PPH NZ) announced "unsolicited, non-binding and conditional expressions of interest or approaches from third parties". No price was mentioned. 
Roughly a month later, BGH Capital and Sixth Street, both existing shareholders, entered into a cooperation agreement with respect to a potential transaction for Pushpay. Again, no price was provided. 
Pushpay has now announced it has received a non-binding proposal. Word on the street this involves BGH. Still, no price was made public. A 30% premium to undisturbed is ~NZ$1.34/share.


Pushpay: BGH Resurrects The Catholic Opportunity