IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

Arun has over 15 years’ experience covering the Technology sector. During this time, he has worked with technology start-ups and as an equity analyst in investment banks and independent research firms. He was formerly a Technology Analyst for Canaccord Genuity, Altium Securities, Espirito Santo Investment Bank, Noble Group and Clear Capital. He has a dual Master’s degree in Financial Engineering and Industrial and Operations Engineering from the University of Michigan. He obtained his Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology, Bombay. He is also a CFA charterholder.

IPOs and Catalysts/Events

Merger Arb Mondays (11 Jul) - Link Admin, Ramsay Health, Giordano, VNET, DTAC/True, Hwa Hong

Merger Arb Mondays (18 Jul) - Link Admin, AOF, DTAC/True, Ramsay Health, ResApp, Infomedia

Merger Arb Mondays (25 Jul) - DTAC/True, Ramsay Health, Link Admin, VNET, Alliance Aviation

AOF’s Efforts to Maximise Value Draws an Offer from Aliro Group

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Global Equity Research Ltd

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Event-Driven

Australian Unity Office Fund / Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/australian-unity-office-fund" target="_blank" data-smartkarma-citation="entities:24077:1" rel="noopener">Australian Unity Office Fund (AOF AU)</a> has extended Aliro's exclusive due diligence to 15 July. Shares slid 1.8% on concerns of Aliro lowering the offer or walking away. </li>
<li>Encouragingly, Aliro confirmed its intention to pursue the proposal at a price not lower than the offer price and will return with an updated proposal within two weeks.</li>
<li>The offer price (including Sep distribution) of A$2.465 is 14.7% above the last close. The downside is low as the shares are trading in line with the dividend-adjusted unaffected price. </li>
</ul>



Australian Unity Office Fund (AOF AU) has extended Aliro's exclusive due diligence to 15 July. Shares slid 1.8% on concerns of Aliro lowering the offer or walking away. 
Encouragingly, Aliro confirmed its intention to pursue the proposal at a price not lower than the offer price and will return with an updated proposal within two weeks.
The offer price (including Sep distribution) of A$2.465 is 14.7% above the last close. The downside is low as the shares are trading in line with the dividend-adjusted unaffected price. 


Growthpoint Properties Australia (GOZ AU)

AOF Trading at the Dividend-Adjusted Unaffected Price