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 (29 Mar) - MCJ, Gunma, Nippon Sheet, Solasto, Sankei, ENN, Qoria, IJM, Yinson

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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/solasto-corp" target="_blank" data-smartkarma-citation="entities:24149:1" rel="noopener">SOLASTO CORP. (6197 JP)</a> has recommended an MBK-sponsored MBO at JPY1,119, a 100.9% premium to the undisturbed price of JPY557 (9 December 2025) and a 17.3% premium to the last close. </li>
<li>The offer, which resulted from an auction, represents a three-year high and is above the midpoint of the IFA DCF valuation range.</li>
<li>The required tendering rate is achievable as the offer is attractive. The first closing date is 11 May, with payment commencing 18 May.  </li>
</ul>



SOLASTO CORP. (6197 JP) has recommended an MBK-sponsored MBO at JPY1,119, a 100.9% premium to the undisturbed price of JPY557 (9 December 2025) and a 17.3% premium to the last close. 
The offer, which resulted from an auction, represents a three-year high and is above the midpoint of the IFA DCF valuation range.
The required tendering rate is achievable as the offer is attractive. The first closing date is 11 May, with payment commencing 18 May.  


Solasto (6197 JP): MBK-Sponsored MBO at JPY1,119