IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

Arun has over 15 years’ experience covering the Technology sector. During this time, he has worked with technology start-ups and as an equity analyst in investment banks and independent research firms. He was formerly a Technology Analyst for Canaccord Genuity, Altium Securities, Espirito Santo Investment Bank, Noble Group and Clear Capital. He has a dual Master’s degree in Financial Engineering and Industrial and Operations Engineering from the University of Michigan. He obtained his Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology, Bombay. He is also a CFA charterholder.

IPOs and Catalysts/Events

Merger Arb Mondays (19 Sep) - Link Admin, Ramsay, Alliance, Genex, Moya, Singapore Medical, VNET

Link’s On Again-Off Again Scheme Is All but Off

Link’s Ongoing Overtures from DND Underscore Its Value

Link’s Scheme Approved but Time Running Out for Satisfying Conditions Precedent

Link’s New Scheme Meeting on 22 August but Deal Break Risks Remain

Link’s Scheme in the Home Stretch by Securing ACCC and CBI Approval

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Event-Driven

<ul>
<li>FCA approval, a condition precedent, will be granted subject to a condition that <a href="https://www.smartkarma.com/entities/link-administration-holdings-ltd" target="_blank" data-smartkarma-citation="entities:970:1" rel="noopener">Link Administration (LNK AU)</a> makes funds available to cover any redress payments related to the Woodford matters.</li>
<li>The FCA’s maximum redress payment is £306 million. The timeline and amount of the final FCA fine remain unknown. Dye&amp;Durham/DND and Link will struggle to find a resolution.</li>
<li>With a 30 September end date, the deal is teetering on collapse. The share price may prove attractive for long-term value investors as it reflects a sizeable FCA fine.</li>
</ul>


FCA approval, a condition precedent, will be granted subject to a condition that Link Administration (LNK AU) makes funds available to cover any redress payments related to the Woodford matters.
The FCA’s maximum redress payment is £306 million. The timeline and amount of the final FCA fine remain unknown. Dye&amp;Durham/DND and Link will struggle to find a resolution.
With a 30 September end date, the deal is teetering on collapse. The share price may prove attractive for long-term value investors as it reflects a sizeable FCA fine.


Broadridge Financial Solutions, Inc (BR US)

Link’s Scheme on Life Support as the FCA Lands a Heavy Blow