Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

<ul>
<li>Carsales aims to raise around US$835m (A$1.2bn) via a non-renounceable entitlement offer to part fund the purchase of remaining 51% of trader Interactive.</li>
<li>While the acquisition is probably well flagged and will be earnings accretive, the last entitlement offering didn’t do well in the near term.</li>
<li>In this note, we will talk about the deal dynamics and run the deal through our ECM framework.</li>
</ul>


Carsales aims to raise around US$835m (A$1.2bn) via a non-renounceable entitlement offer to part fund the purchase of remaining 51% of trader Interactive.
While the acquisition is probably well flagged and will be earnings accretive, the last entitlement offering didn’t do well in the near term.
In this note, we will talk about the deal dynamics and run the deal through our ECM framework.


Carsales Entitlement Offer - Well Flagged Deal for a Well Know Asset, but Last Deal Didn’t Do Well

United Kingdom

Carr's Group PLC operates as a holding company. The Company, through its subsidiaries, provides agricultural, food, and engineering services, as well as supplies oil, gas, and diesel for farm customers. Carr's Group serves customers worldwide.

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Carr's Group PLC (CARR LN)

Carsales Entitlement Offer - Well Flagged Deal for a Well Know Asset, but Last Deal Didn’t Do Well

Carsales aims to raise around US$835m (A$1.2bn) via a non-renounceable entitlement offer to part fund the purchase of remaining 51% of trader...

Sumeet Singh

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