IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

IPOs and Catalysts/Events

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/iwasaki-electric-co-ltd" target="_blank" data-smartkarma-citation="entities:13072:1" rel="noopener">Iwasaki Electric (6924 JP)</a> has recommended an MBO tender offer, sponsored by <a href="https://www.smartkarma.com/entities/carlyle-group-inc" target="_blank" data-smartkarma-citation="entities:33402:1" rel="noopener">Carlyle Group Inc (CG US)</a>, of JPY4,460 per share, an 86.1% premium to the undisturbed price (6 February).</li>
<li>The transaction is a two-step acquisition through a cash tender offer and subsequent squeeze-out. The lower limit of the offer has been set to meet the 66.67% ownership ratio.</li>
<li>The tender offer is attractive and represents a ten-year share price high. This suggests a done deal. The tender offer period is from 7 February to 22 March.</li>
</ul>



Iwasaki Electric (6924 JP) has recommended an MBO tender offer, sponsored by Carlyle Group Inc (CG US), of JPY4,460 per share, an 86.1% premium to the undisturbed price (6 February).
The transaction is a two-step acquisition through a cash tender offer and subsequent squeeze-out. The lower limit of the offer has been set to meet the 66.67% ownership ratio.
The tender offer is attractive and represents a ten-year share price high. This suggests a done deal. The tender offer period is from 7 February to 22 March.


Iwasaki Electric (6924 JP): JPY4,460 MBO Tender Offer from Carlyle

Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

Pan-Asia Catalysts/Events

Quiddity Advisors

Equity Capital Markets

Seiwa Electric Mfg / Equity Capital Markets

TSE2 name <a href="https://www.smartkarma.com/entities/3413" target="_blank" data-smartkarma-citation="entities:3413:1">Seiwa Electric Mfg Co Ltd (6748 JP)</a> today <a href="http://www.seiwa.co.jp/news/docs/20180216.pdf" target="_blank">announced</a> (J only) that the TSE had approved its listing on the TSE's First Section starting March 9th. If you are in Japan and drive on roads, the now LED-lit signals, road signs, and info signboards telling you that there is snow, excess traffic, or an accident ahead are made by this company.The company also today <a href="http://www.seiwa.co.jp/news/docs/20180216-2.pdf" target="_blank">announced</a> (J only) an Offering of 700,000 shares of new shares, 200,000 shares of Treasury shares, 200,000 shares to be sold by…

TSE2 name Seiwa Electric Mfg Co Ltd (6748 JP) today announced (J only) that the TSE had approved its listing on the TSE's First Section starting March 9th. If you are in Japan and drive on roads, the now LED-lit signals, road signs, and info signboards telling you that there is snow, excess traffic, or an accident ahead are made by this company.The company also today announced (J only) an Offering of 700,000 shares of new shares, 200,000 shares of Treasury shares, 200,000 shares to be sold by…

Seiwa Electric (6748) Offer and Move To TOPIX

Japan

SEIWA ELECTRIC MFG. CO., LTD. manufactures lighting equipment, road signs and information board equipment.  The Company's products are used on major streets, highways, and in tunnels.  Seiwa Electric focuses on the light emitting diode (LED) field for road display equipment.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Seiwa Electric Mfg (6748 JP)

Iwasaki Electric (6924 JP): JPY4,460 MBO Tender Offer from Carlyle

The tender offer is attractive and represents a ten-year share price high. This suggests a done deal. The tender offer period is from 7 February to...

Arun George

Seiwa Electric (6748) Offer and Move To TOPIX

TSE2 name Seiwa Electric Mfg Co Ltd (6748 JP) today announced (J only) that the TSE had approved its listing on the TSE's First Section starting...

Travis Lundy

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)