Special Situations, Content Strategist, Smartkarma

Crispin Francis

Special Situations, Content Strategist

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Event-Driven

<p>It has been close to two months since <a href="https://www.smartkarma.com/entities/787" target="_blank" data-smartkarma-citation="entities:787:1">Alibaba Group Holding Ltd (BABA US)</a> made their offer for <a href="https://www.smartkarma.com/entities/1249" target="_blank" data-smartkarma-citation="entities:1249:1">Intime Retail Group Co Ltd (1833 HK)</a>. In this insight, we update readers on the progress of the transaction.</p><div><h2>Offer Details</h2></div><ul>
<li>Deal Structure: Scheme of arrangement</li>
<li>Deal Value: USD 1.9bn</li>
<li>Offer - HKD 10.00 in cash (FINAL)</li>
<li>Avg Daily Value Traded (last 30 days): USD 9.6m per day</li>
</ul><h2>Timetable</h2><table class="table table-striped"><tbody>
<tr>
<td>Date</td>
<td>Event</td>
</tr>
<tr>
<td><span class="aBn" tabindex="0" data-term="goog_113288590"><span class="aQJ">10 January 2017</span></span></td>
<td>Deal announcement</td>
</tr>
<tr>
<td>31 March 2017</td>
<td>Latest date to despatch of scheme document</td>
</tr>
<tr>
<td>Mid/Late April 2017</td>
<td>Estimated</td>
</tr>
</tbody></table>…

It has been close to two months since Alibaba Group Holding Ltd (BABA US) made their offer for Intime Retail Group Co Ltd (1833 HK). In this insight, we update readers on the progress of the transaction.Offer Details
Deal Structure: Scheme of arrangement
Deal Value: USD 1.9bn
Offer - HKD 10.00 in cash (FINAL)
Avg Daily Value Traded (last 30 days): USD 9.6m per day
Timetable

Date
Event


10 January 2017
Deal announcement


31 March 2017
Latest date to despatch of scheme document


Mid/Late April 2017
Estimated

…

Intime Retail: Progress Update on Alibaba's Offer