The Week That Was in ASEAN@Smartkarma - Resilient Indonesia, MAPI's Secret, and SAT's Acquisition.
The Week That Was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
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Weekly Deals Digest (02 Oct) - SATS, Jinke Smart, EVOC, Fengxiang, Tassal, MACA, Growatt, CALB
Last week, notable developments occurred in Event-Driven (SATS, Jinke Smart, EVOC, Fengxiang, Tassal, MACA, Nearmap, Ramsay, Infomedia) and ECM...
367 Views
SATS Agrees to Acquire WFS for an EV of S$3.1 Billion
The uncertain structure and timing of the equity raise will be a short-term overhang. Nevertheless, assuming no synergies, our pro-forma price per...
448 Views
SATS to Buy Worldwide Flight Services (WFS) As Private Equity Exits
SATS is looking to acquire WFS at an EV of €2.25bn with the cash consideration at €1.187bn. This implies an EV/Sales of 1.31x and an EV/EBITDA of...
540 Views
MSCI ACWI, ACWI Ex-US, EM Testing Logical Support; Actionable Themes: Defensives & Reopening Stocks
We are testing the March lows in several global indexes, including the MSCI $ACWI, ACWI ex-US $ACWX, and EM $EEM. While this is a logical spot for...
421 Views