KDDI Launches Tender To Buy Out Lawson (2651) - Still Far Too Cheap
The KDDI Tender Offer for Lawson actually makes some sense. There are significant synergies available. There is growth. But the valuation doesn't...
577 Views
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.
364 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...
419 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%),...
374 Views