Abacus Storage (ASK AU): Kirsh/Public Storage Buck Market Volatility With NBIO
Trading at a gross/annuallised spread of 6.9%/10.9%, assuming late Nov completion. That's tight given the timing risk and terms not being firm.
327 Views
Abacus Storage King (ASK AU): Ki Corp/Public Storage’s NBIO at A$1.47
While below NTA (implying a P/NTA of 0.92x), the offer is reasonable compared to peer multiples and historical trading ranges. The Board should...
355 Views
Abacus Storage King (ASK AU) Gets an NBIO from Ki Corp & PSA
Ki Corp and PSA have made a conditional and non-binding proposal to take ASK AU private at A$1.47/share. That is a 26.7% premium to last and...
391 Views
Merger Arb Mondays (12 May) - ESR, NTT Data, Shibaura, Torii, Imagica, Zeekr, Sinarmas, Gold Road
We summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
402 Views
MV Australia A-REITs Index Rebalance: Abacus Storage King Deleted (Finally!)
Abacus Storage King (ASK) will be deleted from the MVA ETF at the close on 21 June. Estimated one-way turnover is 3.33% and will result in a one...
279 Views