Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 22 years of covering Asia Pacific equities, the past 19 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

APM Human Services (APM AU) Rejects CVC's NBIO

APM (APM AU): Madison Dearborn's "Disappointing" NBIO

APM Human Services (APM AU): CVC's 141% Offer Premium

Quiddity Advisors

Event-Driven

<ul>
<li>
<strong><a href="https://www.smartkarma.com/entities/apm-human-services-internation" target="_blank" data-smartkarma-citation="entities:34808:1" rel="noopener">APM Human Services (APM AU)</a></strong> and US PE-outfit Madison Dearborn Partners, holding ~30%, have <a href="https://announcements.asx.com.au/asxpdf/20240603/pdf/06461g4f42s5px.pdf" target="_blank" rel="noopener">entered a Scheme at A$1.45/share</a>, in cash.</li>
<li>That's a 74.7% premium to undisturbed; and a $0.05/share increase over Madison Dearborn's April 8th A$1.40/share NBIO, a price the Independent Board Committee (IBC) previously considered disappointing.</li>
<li>A scrip option is afforded, and Executive Chair, Megan Wynne and CEO, Michael Anghie will take up that option if the Scheme is implemented. The IBC is supportive. </li>
</ul>



APM Human Services (APM AU) and US PE-outfit Madison Dearborn Partners, holding ~30%, have entered a Scheme at A$1.45/share, in cash.
That's a 74.7% premium to undisturbed; and a $0.05/share increase over Madison Dearborn's April 8th A$1.40/share NBIO, a price the Independent Board Committee (IBC) previously considered disappointing.
A scrip option is afforded, and Executive Chair, Megan Wynne and CEO, Michael Anghie will take up that option if the Scheme is implemented. The IBC is supportive. 


Madison Dearborn Takes APM Back Into The Fold