Pan-Asia Index Flows & Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Equity Analyst with experience in fundamental and event-driven research in Frontier and Emerging markets. 

On Smartkarma, I mainly publish insights on index flow events in the Asia-Pacific region. This includes predicting regular and intra-review index changes and estimating upcoming passive flows. I also cover special situations such as mergers & acquisitions, equity offerings, buybacks, and other corporate restructuring events.

Pan-Asia Index Flows & Special Situations

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

Just a year from its IPO, Calgary-based natural gas distribution company <a href="https://www.smartkarma.com/entities/altagas-canada-inc" target="_blank" data-smartkarma-citation="entities:28362:1" rel="noopener">AltaGas Canada Inc (ACI CN)</a> received an all-cash bid on 21st October 2019 from a consortium consisting of Public Sector Pension Investment Board and Alberta Teachers' Retirement Fund Board to acquire all its shares via a Plan of Arrangement at an offer price of CAD33.50 per share, valuing the company at a market cap of CAD 1bn.
In addition to requiring target shareholder approval, the transaction is also conditional on the receipt of regulatory approvals from the Canada Competition Bureau, Alberta Utilities Commission, and British Columbia Utilities Commission. The Deal has been unanimously recommended by the Target board and is expected to close in 1H 2020. 
Although AltaGas Canada's shares are currently trading tight to terms at CAD33.30, additional upside is expected from the target's quarterly dividend payments between now and the completion of the deal.

Just a year from its IPO, Calgary-based natural gas distribution company AltaGas Canada Inc (ACI CN) received an all-cash bid on 21st October 2019 from a consortium consisting of Public Sector Pension Investment Board and Alberta Teachers' Retirement Fund Board to acquire all its shares via a Plan of Arrangement at an offer price of CAD33.50 per share, valuing the company at a market cap of CAD 1bn.
In addition to requiring target shareholder approval, the transaction is also conditional on the receipt of regulatory approvals from the Canada Competition Bureau, Alberta Utilities Commission, and British Columbia Utilities Commission. The Deal has been unanimously recommended by the Target board and is expected to close in 1H 2020. 
Although AltaGas Canada's shares are currently trading tight to terms at CAD33.30, additional upside is expected from the target's quarterly dividend payments between now and the completion of the deal. 

AltaGas Canada Inc

AltaGas Canada Privatization Offer