This post outlines MBK Partners' tender offer for ConnectWave shareholders at a 15% premium and explores potential trading angles.
What is covered in the Full Insight:
Overview of MBK's ConnectWave Tender Offer
Trading Angles & Considerations
Details of the Target and Offer
Impact of Retail Investors & Possibility of Secondary Offer
Comparisons to Lock&Lock's Recent Tender Offer & Local Market Trends
Boomeranged on Mon, 12 Aug 2024 17:13
KRX plans to implement an ad-hoc change to the KOSDAQ 150 due to the delisting of ConnectWave (119860). ConnectWave (119860) will be removed from the KOSDAQ 150, and Webzen (069080) will be newly added. The effective date is Friday, August 16th. Hence, ETF rebalancing trades will take place near the market close on Thursday, the 15th.
SUMMARY
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