bullish

Benesse (9783) - Tender Offer To Launch; No Change in Terms (¥2,600/Share)

552 Views29 Jan 2024 17:24
Benesse is launching unbumped despite trading through terms for 2mos. Nobody reported 5%. Nobody appears to have shown righteous indignation. It is bumpable, but it looks like it will just go cheap.
Boomeranged on Thu, 22 Feb 2024 07:57
The Benesse situation has gotten more questions than I expected, and later in the game than I expected. It is a deal worth looking at for why it is the wrong price (despite earnings). So far there is nobody above 5% but this is not to say that there shouldn't be, or that there shouldn't be post-deal activism.
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.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 807-minute read)
Discussions
(Paid Plans Only)
chart-bar
Logo
Top 5%
Travis Lundy
Pan-Asia Catalysts/Events
Quiddity Advisors
Japan & Hong KongEquitiesEvent-DrivenQuantitative Analysis
Price Chart(Sign Up to Access)
analytics-chart
x