Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 22 years of covering Asia Pacific equities, the past 19 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

APM Human Services (APM AU): CVC's 141% Offer Premium

APM (APM AU): Madison Dearborn's "Disappointing" NBIO

Madison Dearborn Takes APM Back Into The Fold

APM Human Services IPO - Strong past Growth but Has Ample Unhappy Employees and Clients

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Quiddity Advisors

Event-Driven

<ul>
<li>Employment and disability services play <strong><a href="https://www.smartkarma.com/entities/apm-human-services-internation" target="_blank" data-smartkarma-citation="entities:34808:1" rel="noopener">APM Human Services (APM AU)</a></strong> has rejected PE-outfit CVC Asia Pacific's proposal, which valued APM at less than half of its November 2021 IPO price.</li>
<li>APM confirmed it had received - on Friday, 16 February - a conditional and non-binding A$1.60/share indicative proposal. That's a 93% premium to undisturbed. Yet, APM's IPO Price was A$3.55/share.</li>
<li>CVC - and other suitors - need to persuade executive chair and founder Megan Wynne and US private equity group Madison Dearborn, who collectively control ~65% of the company.</li>
</ul>


Employment and disability services play APM Human Services (APM AU) has rejected PE-outfit CVC Asia Pacific's proposal, which valued APM at less than half of its November 2021 IPO price.
APM confirmed it had received - on Friday, 16 February - a conditional and non-binding A$1.60/share indicative proposal. That's a 93% premium to undisturbed. Yet, APM's IPO Price was A$3.55/share.
CVC - and other suitors - need to persuade executive chair and founder Megan Wynne and US private equity group Madison Dearborn, who collectively control ~65% of the company.


APM Human Services (APM AU) Rejects CVC's NBIO