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 26 years of covering Asia Pacific equities, the past 20 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

Perpetual (PPT AUJ): Did EQT Just Make A Revised Offer?

Perpetual (PPT AU): EQT Lifts Its NBIO To A$22.50/Share

Perpetual (PPT AU) Rejects EQT's Added Gruel

Oh, The Irony! Perpetual Rejects Soul Patts' "Fair" Offer

Perpetual (PPT AU): Shareholders Divided Over Carve Out

EQT/Baring/Regal's Tilt For Perpetual Muddies Waters on Pendal (PDL AU) Deal

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/perpetual-ltd" target="_blank" data-smartkarma-citation="entities:599:1" rel="noopener"><strong>Perpetual Ltd (PPT AU)</strong></a> has been in the cross hairs since KKR's all-in 2010 tilt; while bids have landed for various units, all of which came to nought.</li>
<li>In March of this year, Perpetual announced it was offloading its wealth management arm to Bain for A$550mn. Then last week, Perpetual rejected EQT's A$21.64/share all cash NBIO.</li>
<li>Perpetual is trading ~12% adrift of those indicative terms - and down 9% in the past year.  There are signs the Street is turning (<em>mildly</em>) positive.</li>
</ul>



Perpetual Ltd (PPT AU) has been in the cross hairs since KKR's all-in 2010 tilt; while bids have landed for various units, all of which came to nought.
In March of this year, Perpetual announced it was offloading its wealth management arm to Bain for A$550mn. Then last week, Perpetual rejected EQT's A$21.64/share all cash NBIO.
Perpetual is trading ~12% adrift of those indicative terms - and down 9% in the past year.  There are signs the Street is turning (mildly) positive.


Washington H. Soul Pattinson and Co. Ltd (SOL AU)

Revisiting Perpetual (PPT AUJ) After EQT's Revived - And Rejected - Bid