(Mostly) Asia M&A, Oct 2023: Haitong, Azure, Hollysys, Aeon, Teraoka, Tietto, Lithium Power
For the month of October, 7 new deals were discussed on Smartkarma with an overall deal size of ~US$4bn. The average premium for the new deals...
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Haitong International (665 HK): Haitong Securities’ Pre-Conditional Privatisation Offer at HK$1.52
The offer price is final. The pre-condition is a formality. The 114.1% premium to the undisturbed price is the highest HKEx takeover premium in a...
644 Views
Haitong International (665 HK): Haitong Securities Ponders an Offer
Privatisation through a Bermuda scheme involves the headcount test, so a decent premium is required – privatisation precedents suggest HK$1.08-1.13...
560 Views
Haitong Int'l Securities (665 HK): Possible Offer From Parent
I think an Offer price >HK$1.00/share is a reasonable guesstimate. Recent results don't exactly engender confidence in a significant turnaround in...
686 Views
Aequitas HK IPOs Sponsor + GC Performance (2019-2022)
In this note, we will take a look at broker performance for HK IPOs from 2019-2022. The following dataset includes all HK IPOs above US$100m for...
492 Views