ECM Weekly (27th May 2024) - Renesas, AUB, Modec, Tata Tech, MUFG, Shift Up, Novelis, Shulan
Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
246 Views
Tokio Marine Cross-Shareholding - At Least US$18bn of Cross-Shareholding to Sell
Tokio Marine today announced that it aims to cut its cross-shareholding to zero by FY2029. It will aim to sell 50% of its holdings worth around...
795 Views
MS&AD Cross-Shareholding - At Least US$20bn of Cross-Shareholding to Sell
Along with its results announcement today, MS&AD announced that it will accelerate its cross-shareholding unwind and is targeting a sale of around...
699 Views
MODEC (6296 JP): The Current Playbook
The offering will likely be priced on 22 May. Investors who have participated in previous large Japanese placements tend to secure positive returns.
376 Views
Japan Post Insurance - Weakening Policies In Force and Meaningful Hits from Non-Operational Items
Weakening policies in force, high claims and operating costs, and substantial non-operational negatives, are cancelling out any positives in new...
290 Views