Lawson (2651 JP): KDDI Corp (9433 JP) Tender Offer Launches
On balance, the offer will likely succeed. At the last close and for a 7 May payment, the gross and annualised spread is 0.5% and 5.4%, respectively.
380 Views
Nikkei 225 Index Rebalance: DISCO, Socionext, ZOZO In; PacMetals, Sumitomo Osaka, Takara Holding Out
The adds are all up since announcement, led by Zozo. Nitori is up too even though the upweight was knows. Two of the three deletes are lower....
1.1k Views
Merger Arb Mondays (25 Mar) - APM, Genex, C&F Logistics, Roland DG, IntelliCentrics, China TCM
This week, the highest gross spreads are APM (20.1%), C and F Logistics (18.1%), Qantm IP (17.2%), Genex (10.0%), Probiotec (9.4%), QV Equities...
434 Views
Merger Arb Mondays (18 Mar) - Roland DG, JSR, YSK, CIMC Vehicles, Alumina, QV Equities, Qantm
This week, the highest gross spreads are APM (29.0%), Qantm IP (19.1%), Genex Power (12.2%), Probiotec (9.4%), Alumina (8.5%), Silver Lake (7.1%),...
387 Views
KDDI and Lawson: Building an Ecosystem from a Base of Loyalty Points
KDDI's acquisition of 50% of Lawson is probably a strategic move towards building an ecosystem to compete with Rakuten and LY, using loyalty...
329 Views