Korea / Special Sits, Pairs, Index Rebalancing, Clepsydra Capital

Sanghyun Park

I investigate special situations, pairs, and index rebalancing trades in Korea.

Korea / Special Sits, Pairs, Index Rebalancing

Trading Insights from Today’s Dramatic Developments in the Korea Zinc Event

Main Takeaways from Today’s MBK Press Briefing About the Korea Zinc Tender

Digging into the News Flow on KIS Jumping in as the White Knight for Choi in the Korea Zinc Deal

MBK’s Dual Tenders for Korea Zinc and Youngpoong Precision: The Largest Deal Ever in Korea

Clearing up Legal Confusion on Counter Offers and Getting a Clear Read on the Korea Zinc Tender

Clepsydra Capital

Investigate special situations, pairs, and index rebalancing trades in Korea.

Event-Driven

<ul>
<li>MBK can cut their target volume to 12% and, with 2 trillion won, raise the tender price to ₩800,000, leaving them a 20% cushion.</li>
<li>MBK’s tight schedule aims to hit the 6.98% target while minimizing price volatility and market risk by shortening the offer window.</li>
<li>MBK plans to sweeten the deal by about 20%, similar to Hankook, aiming for a 6.98% target with a 20% price hike from the start.</li>
</ul>


MBK can cut their target volume to 12% and, with 2 trillion won, raise the tender price to ₩800,000, leaving them a 20% cushion.
MBK’s tight schedule aims to hit the 6.98% target while minimizing price volatility and market risk by shortening the offer window.
MBK plans to sweeten the deal by about 20%, similar to Hankook, aiming for a 6.98% target with a 20% price hike from the start.


Insights on the Odds of MBK Ramping up the Tender Price by 20%