Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

HK Type 4 license through Ballingal Investment Advisors Ltd. ("BIA" or "BIAL")

BACKGROUND
I have 20+yrs experience in Asia doing alternative strategies (i.e. non-delta1 non long-only) in fixed income, equity derivatives, and activist/catalyst/event-driven and long-short equity strategies with most of that time spent managing money. 

4 years in fixed income macro, 8 years running internal hedge fund and 4yrs investment banking at Citi in Japan, 3 years running an Asia multi-strat portfolio at a hedge fund, 4+yrs as an independent special situations analyst.

Pan-Asia Catalysts/Events

ANTA (2020 HK) Lobs Possible €40/Share Bid for Amer

Quiddity Advisors

Event-Driven

Late Friday after the HK close, <a href="https://www.smartkarma.com/entities/10261" target="_blank" data-smartkarma-citation="entities:10261:1">ANTA Sports Products (2020 HK)</a><a href="http://www3.hkexnews.hk/listedco/listconews/SEHK/2018/1207/LTN20181207403.pdf" target="_blank">announced</a> a Possible Very Substantial Acquisition To Acquire All The Issued And Outstanding Shares of Amer Sports By The Offeror Through Tender Offer and Any Subsequent Mandatory Redemption Proceedings.
<a href="https://www.smartkarma.com/entities/21751" target="_blank" data-smartkarma-citation="entities:21751:1">Amer Sports Oyj (AMEAS FH)</a><a href="https://www.amersports.com/2018/12/mascot-bidco-oy-announces-a-voluntary-recommended-public-cash-tender-offer-for-all-the-shares-in-amer-sports-corporation/" target="_blank">announced</a> the deal at €40/share (a 39% premium to the undisturbed price of 10 September 2018, and announced that the Board of Directors of Amer Sports has decided to unanimously recommend that Amer Sports’ shareholders accept the Tender Offer. Several major shareholders holding 7.91% of have irrevocably undertaken to tender, and Maa- ja vesitekniikan tuki r.y., who hold ~4.29%, have expressed that they view the Tender Offer positively. ANTA indirectly holds 1,679,936 shares (1.4%) as well.
The Bidco - a Finnish private limited company incorporated for the purpose of making the tender offer is going to be funded by Anta SPV, FV Fund (a fund of originally-announced co-sponsor FountainVest Partners and <a href="https://www.smartkarma.com/entities/26" target="_blank" data-smartkarma-citation="entities:26:1">Tencent Holdings (700 HK)</a> ), and Anamared Investments, which is the investment vehicle of <a href="https://www.smartkarma.com/entities/8316" target="_blank" data-smartkarma-citation="entities:8316:1">Lululemon Athletica (LULU US)</a> founder Chip Wilson. 
The Tender Offer document is expected by 20 December.
The Tender Offer is expected to last for ~10 weeks with the Tender Offer expected to be fully-completed in 2019 Q2 "at the latest." Anti-trust and other authorities' approval will be required.
And in the now famous words of Elon Musk, Funding [is] Secured.
If ANTA get over 90% of the shares, they intend to commence mandatory redemption (squeezeout) proceedings.

Late Friday after the HK close, ANTA Sports Products (2020 HK)announced a Possible Very Substantial Acquisition To Acquire All The Issued And Outstanding Shares of Amer Sports By The Offeror Through Tender Offer and Any Subsequent Mandatory Redemption Proceedings.
Amer Sports Oyj (AMEAS FH)announced the deal at €40/share (a 39% premium to the undisturbed price of 10 September 2018, and announced that the Board of Directors of Amer Sports has decided to unanimously recommend that Amer Sports’ shareholders accept the Tender Offer. Several major shareholders holding 7.91% of have irrevocably undertaken to tender, and Maa- ja vesitekniikan tuki r.y., who hold ~4.29%, have expressed that they view the Tender Offer positively. ANTA indirectly holds 1,679,936 shares (1.4%) as well.
The Bidco - a Finnish private limited company incorporated for the purpose of making the tender offer is going to be funded by Anta SPV, FV Fund (a fund of originally-announced co-sponsor FountainVest Partners and Tencent Holdings (700 HK) ), and Anamared Investments, which is the investment vehicle of Lululemon Athletica (LULU US) founder Chip Wilson. 
The Tender Offer document is expected by 20 December.
The Tender Offer is expected to last for ~10 weeks with the Tender Offer expected to be fully-completed in 2019 Q2 "at the latest." Anti-trust and other authorities' approval will be required.
And in the now famous words of Elon Musk, Funding [is] Secured.
If ANTA get over 90% of the shares, they intend to commence mandatory redemption (squeezeout) proceedings.

Amer Sports

ANTA (2020 HK) Angling on Amer Apparent