Merger Arb Mondays (14 Aug) - Eoflow, Chindata, OreCorp, Origin, Estia, InvoCare, Daiken, Kyoden
This week, the highest gross spreads are Daiken (28.8%), 111 (20.8%), Eoflow (13.2%), Kyoden (12.6%), Orecorp (10.8%), Symbio (10.7%), ENM (9.4%),...
327 Views
Daiken Corporation (7905 JP): Itochu's JPY3,000 Tender Offer
The lower limit requires a 50.0% minority acceptance rate (majority of minority condition). The tender offer is light vs historical multiples but...
368 Views
Itochu Takeout of Daiken (7905) - Too Low at ¥3,000/Share But May Be Tough To Oppose
Itochu is taking out its equity affiliate building materials and engineering firm Daiken (7905). Itochu lowballed, raised, the raised 3x more, but...
461 Views
Merger Arb Mondays (07 Aug) - JSR, ITOCHU, Allkem, Origin, Symbio, Pacific Current, United Malt, MPI
This week, the highest gross spreads are 111 (19.6%), Chindata (15.3%), Estia (12.7%), InvoCare (10.4%), ENM (9.4%), Eoflow (7.7%), JSR (7.2%),...
345 Views
Weekly Deals Digest (06 Aug) - Toshiba, E-Guardian, ITOCHU, Allkem, Symbio, Pacific Current, MPI
Last week, notable developments occurred in Event-Driven (Toshiba, E-Guardian, Itochu Techno, MPI, Allkem, PAC, Symbio, United Malt) and ECM...
344 Views