Merger Arb Mondays (14 Apr) - ESR, Fengxiang, Vesync, Goldlion, Shibaura, Tsuruha/Welcia, Aeon Mall
We summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
389 Views
Hong Kong Arbs: (Largely) Immune From Trump Tariffs
Although the framework exists for an Offeror to enforce a MAC, I'm not aware of any evidence of this occurring under Hong Kong's Takeovers Code.
513 Views
HK Merger Arb: Opportunities Amidst the Market Selloff
The market sell-off has created opportunities. We assess the widening spreads of HK's merger arb situations based on offer structure,...
552 Views
ESR Group (1821 HK): Steady Progress
The additional irrevocable and material derating of peers lowers the vote risk. The consortium is making steady progress in satisfying the...
548 Views
ESR (1821 HK) Chips Away At Pre-Cons
Four of the eight key pre-conditions are now in the bag. And irrevocable undertakings have also been bolstered. This is a done deal. It’s just a...
590 Views