HHSN is not particularly liquid, trading ~US$1mn/day. Unless you believe pro-ration to be materially higher than 65%, I'd be disinclined to enter here. Perhaps ₩59,000/share or better.
What is covered in the Full Insight:
Tender offer details
Key considerations
The trade
Terms and details of the tender offer
On Hyundai Home Shopping
SUMMARY
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