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

S&P/​​​​​​​​ASX Quiddity Final Expectations Dec 22: Mostly Mining Companies, Avoid Short Buildup!

Pendal/​Perpetual: 23 Dec Scheme Meeting

S&P ASX Dec 22 Rebalance: MND Is the Top Pick

Perpetual Rejects EQT/​BPEA/​Regal's Revised Offer But Seeks Pendal Merger Delay

EQT/Baring/Regal's Tilt For Perpetual Muddies Waters on Pendal (PDL AU) Deal

Quiddity Advisors

Event-Driven

<ul>
<li>Under the revised terms, <a href="https://www.smartkarma.com/entities/pendal-group-ltd" target="_blank" data-smartkarma-citation="entities:15795:1" rel="noopener"><strong>Pendal (PDL AU</strong>)</a> shareholders will receive 1 <strong><a href="https://www.smartkarma.com/entities/perpetual-ltd" target="_blank" data-smartkarma-citation="entities:599:1" rel="noopener">Perpetual (PPT AU)</a></strong> share for every 7 Pendal shares plus $1.65/share cash versus 7.50 Pendal shares and $1.976 cash.</li>
<li>Separately, the Supreme Court of NSW ruled that Perpetual cannot delay the Scheme on the expectation of a more favourable Offer for the company. </li>
<li>The first court hearing for the Scheme has been deferred until next week to seek orders convening the Scheme Meeting and for the despatch of the Scheme Booklet to shareholders.</li>
</ul>


Under the revised terms, Pendal (PDL AU) shareholders will receive 1 Perpetual (PPT AU) share for every 7 Pendal shares plus $1.65/share cash versus 7.50 Pendal shares and $1.976 cash.
Separately, the Supreme Court of NSW ruled that Perpetual cannot delay the Scheme on the expectation of a more favourable Offer for the company. 
The first court hearing for the Scheme has been deferred until next week to seek orders convening the Scheme Meeting and for the despatch of the Scheme Booklet to shareholders.


Pendal/Perpetual: Revised Terms As Supreme Court Orders Scheme To Proceed

Pendal Group

Pendal/Perpetual: Revised Terms As Supreme Court Orders Scheme To Proceed