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

Quiddity Advisors

Event-Driven

<ul>
<li>After issuing a formal takeover notice on the 30th September, restaurant operator <strong><a href="https://www.smartkarma.com/entities/restaurant-brands-nz-ltd" target="_blank" data-smartkarma-citation="entities:11891:1" rel="noopener">Restaurant Brands NZ (RBD NZ)</a></strong> announced an <a href="https://announcements.asx.com.au/asxpdf/20251014/pdf/06qj8w94780dsf.pdf" target="_blank" rel="noopener">Official Offer</a> from controlling shareholder Finaccess Restauración on the 14th October. </li>
<li>Finaccess is offering NZ$5.05/share in cash for shares not held. Best &amp; final. Finaccess holds 75.02%. Accident Compensation Corporation, with 4.7%, is supportive. The Offer is unconditional.</li>
<li>
<a href="https://announcements.asx.com.au/asxpdf/20251028/pdf/06r3q44mvcfc8l.pdf" target="_blank" rel="noopener"><strong>The Target Statement is now out</strong></a>, with an independent expert fair value of NZ$5.24-NZ$6.20. The Independent Directors believe the risks associated with remaining as a shareholder outweigh the Offer price.</li>
</ul>


After issuing a formal takeover notice on the 30th September, restaurant operator Restaurant Brands NZ (RBD NZ) announced an Official Offer from controlling shareholder Finaccess Restauración on the 14th October. 
Finaccess is offering NZ$5.05/share in cash for shares not held. Best &amp; final. Finaccess holds 75.02%. Accident Compensation Corporation, with 4.7%, is supportive. The Offer is unconditional.

The Target Statement is now out, with an independent expert fair value of NZ$5.24-NZ$6.20. The Independent Directors believe the risks associated with remaining as a shareholder outweigh the Offer price.


Restaurant Brands NZ (RBD NZ): Take The Offer