Two Major Refinery Deals Announced in UAE and South Korea: Positive for Refining Stocks
There have been a few major deals announced in the last few days involving the sell down of stakes in large refining companies, which is positive...
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Korea M&A Spotlight: Saudi Aramco Plans to Buy Up To 19.9% Stake in Hyundai Oilbank
It was announced today that Saudi Aramco plans to purchase up to 19.9% stake in Hyundai Oilbank for about 1.8 trillion won from Hyundai Heavy...
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Hyundai Heavy Holdco Trade: Long Holdco / Short HHI (30%) & SKI (70%) On Aramco Deal
Korea's local news outlet reported that Saudi Aramco agrees to buy a 15~20% stake in Hyundai Oilbank Co Ltd (1082Z KS) in a pre-IPO deal. Aramco...
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Hyundai Heavy Holdco Trade: Long Holdco on 6% Potential Yield Amid Oilbank IPO
Hyundai Oilbank Co Ltd (1082Z KS) finally got green light for IPO from the FSC. Oilbank will likely submit IPO book around mid Dec with an aim of...
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Hyundai Oilbank IPO Update: Timeline & Valuation
In this post, I summarized two possibilities of the Hyundai Oilbank IPO timeline. Conclusion is this IPO will likely be done by mid Dec at the...
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