This is a clean deal. Applying the long stop date, this is trading at a 14.9%/20% gross/annualised spread. If applying recent Hong Kong Scheme timelines, the annualised return is pushed out to ~51%.
What is covered in the Full Insight:
Introduction
The Offer Details
Regulatory Approvals
Shareholder Considerations
Financial Performance and Share Price
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.