The offer is a knockout bid helped by auction. This is a done deal with payment commencing from 7 August. At the last close, the gross spread was 0.5%.
What is covered in the Full Insight:
Blackstone's tender offer and its terms
Deal structure and Timeline
Funding structure and Irrevocables
History of Infocom's negotiations with Teijin
Analysis of the offer's valuation
SUMMARY
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