Pan-Asia Index Flows & Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Equity Analyst with experience in fundamental and event-driven research in Frontier and Emerging markets. 

On Smartkarma, I mainly publish insights on index flow events in the Asia-Pacific region. This includes predicting regular and intra-review index changes and estimating upcoming passive flows. I also cover special situations such as mergers & acquisitions, equity offerings, buybacks, and other corporate restructuring events.

Pan-Asia Index Flows & Special Situations

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

As <a href="https://www.cineworldplc.com/sites/cineworld-plc/files/reports-presentation/2019/investor-presentation-acquisition-of-cineplex-16-12-2019.pdf" target="_blank" rel="noopener">announced</a> on December 16th, UK-based movie theatre group Cineworld agreed to acquire all the shares of Canada's largest theatre chain Cineplex in an all-cash deal valuing Cineplex at a market cap of CAD2.15bn. The Offer Price CAD34.00 per share comes at strong premia of 41.6% and 39.3% to Cineplex's undisturbed price and 3-month VWAP respectively.The Deal is conditional on the receipt of shareholder approvals from both the Acquirer and the Target and the receipt of regulatory approvals from authorities in Canada and the US. The boards of both Cineplex and Cineworld have approved the deal and have recommended the deal to their shareholders. The transaction is expected to be completed in the first half of 2020.The shares of Cineplex are currently trading above the Offer Price at CAD34.21. However, a closer look at Cineplex's dividend payments paints a clearer picture of what to expect.

As announced on December 16th, UK-based movie theatre group Cineworld agreed to acquire all the shares of Canada's largest theatre chain Cineplex in an all-cash deal valuing Cineplex at a market cap of CAD2.15bn. The Offer Price CAD34.00 per share comes at strong premia of 41.6% and 39.3% to Cineplex's undisturbed price and 3-month VWAP respectively.The Deal is conditional on the receipt of shareholder approvals from both the Acquirer and the Target and the receipt of regulatory approvals from authorities in Canada and the US. The boards of both Cineplex and Cineworld have approved the deal and have recommended the deal to their shareholders. The transaction is expected to be completed in the first half of 2020.The shares of Cineplex are currently trading above the Offer Price at CAD34.21. However, a closer look at Cineplex's dividend payments paints a clearer picture of what to expect. 

🍿Cineplex🍿 to Be Acquired by Cineworld

Cineplex Inc

🍿Cineplex🍿 to Be Acquired by Cineworld