Merger Arb Mondays (10 Jul) - JSR, Yachiyo, InvoCare, Costa, Musgrave, Metro Pacific, Healthway
This week, the highest gross spreads are 111 (38.6%), ENM (11.5%), Chindata (10.5%), Estia (9.2%), Poly Culture (8.2%), Costa (7.9%), Dali (7.8%),...
384 Views
Weekly Deals Digest (09 Jul) - Socionext, Tryt, Costa, Musgrave, United Malt, Yachiyo, Metro Pacific
Last week, notable developments occurred in Event-Driven (Costa, InvoCare, Musgrave, United Malt, Arteria, Yachiyo, Metro Pacific, Healthway) and...
373 Views
Healthway Medical (HMED SP): OUE Healthcare’s Delisting Offer
The offer price is attractive. The EGM is likely to be held in late September. The current price of S$0.046 implies a gross spread of 4.3%.
410 Views
Singapore Medical’s VGO: Revised Offer of S$0.40 Is Good to Go
The revised offer is now reasonable and should be sufficient to nudge holdouts to accept. At the last close, the gross spread is 5.3%.
227 Views
Singapore Medical’s VGO: Acceptances at 77.37%, Closing Date Now 15 Nov
To hit the 90% minimum acceptance condition, the offeror requires a 55.8% acceptance rate from the remaining holdout minorities. The 1.4% spread is...
214 Views