Adbri (ABC AU): Scheme Vote on 12 June
The offer is attractive, and this is a done deal. At the last close and for the 1 July payment, the gross/annualised spread was 1.3%/8.4%.
301 Views
CSR (CSR AU): Saint-Gobain’s Binding Proposal at A$9.00
The offer is attractive and represents a 15-year high. At the last close and for a mid-June payment, the gross/annualised spread is 7.4%/28.8%.
801 Views
CSR (CSR AU): Saint-Gobain’s Non-Binding Proposal at A$9.00
Shareholders should be supportive as the offer represents a 15-year high. The timing of a binding agreement is the key risk.
304 Views
Boral (BLD AU): Seven Group (SVW AU)’s Carrot and Stick Offer
While the low offer premium could deter acceptances, SVW aims to spur acceptances by warning it will delist BLD and not pay dividends for the...
311 Views
Smartkarma: ECM Coverage Weekly Update (9 December 2017)
The Smartkarma ECM Team puts out a weekly update on the deals we have covered recently, along with updates for upcoming IPOs. IPO activity for the...
220 Views