In today’s briefing:
- Honda Motor Placement – Past Large Deals Analysis – Could Do with a Bit More Correction
- Remember DiDi Global? We Check in on China’s Dominant Rideshare Company and Review Recent Results
- Sagility India Pre-IPO Tearsheet
Honda Motor Placement – Past Large Deals Analysis – Could Do with a Bit More Correction
- A group of shareholders aims to raise up to US$3.2bn via selling around 5% of Honda Motor (7267 JP).
- The possibility of such a selldown was flagged by Reuters prior to the deal launch.
- In our earlier note, we spoke about the deal dynamics. In this note, we talk about the updates since then.
Remember DiDi Global? We Check in on China’s Dominant Rideshare Company and Review Recent Results
- First, we offer a recent history of Didi going back to its June 2021 IPO
- Next, we review the company’s annual results from 2020-23 plus Q124
- Finally, we try to answer the question, “Does Didi need to raise cash soon?”
Sagility India Pre-IPO Tearsheet
- Sagility India (2058883D IN) is looking to raise up to US$500m in its upcoming India IPO. The deal will be run by ICICI Securities, IIFL Securities, Jefferies and JP Morgan.
- Sagility India is a pure-play healthcare focused solutions and services provider to Payers (U.S. health insurance companies), and Providers (primarily hospitals, physicians, and diagnostic and medical devices companies).
- It supports the core business operations of both Payer and Provider clients.