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

Private Equity Examining Ramsay Health (RMC AU). Again.

NAB - Profit Slightly Down in 3Q, Credit Costs Collapsed, but Bad Loans Are Rising Significantly

Quiddity Advisors

Event-Driven

<ul>
<li>KKR has all-but-abandoned its A$88/share cash offer for <strong><a href="https://www.smartkarma.com/entities/ramsay-health-care-ltd" target="_blank" data-smartkarma-citation="entities:673:1" rel="noopener">Ramsay Health Care (RHC AU)</a></strong>,  Australia's largest private hospital group.</li>
<li>KKR's alternative proposal involves $88/share for the 5,000 RHC shares, followed by A$78.20/cash + 0.22 <strong><a href="https://www.smartkarma.com/entities/ramsay-generale-de-sante" target="_blank" data-smartkarma-citation="entities:21473:1" rel="noopener">Ramsay Generale de Sante (GDS FP)</a></strong> shares thereafter - or an indicative value of A$84.93/share.</li>
<li>Despite announcing horrible annual results, Ramsay's board considers the alternative proposal to be meaningfully inferior to the KKR's indicative proposal of $88.00/share.</li>
</ul>


KKR has all-but-abandoned its A$88/share cash offer for Ramsay Health Care (RHC AU),  Australia's largest private hospital group.
KKR's alternative proposal involves $88/share for the 5,000 RHC shares, followed by A$78.20/cash + 0.22 Ramsay Generale de Sante (GDS FP) shares thereafter - or an indicative value of A$84.93/share.
Despite announcing horrible annual results, Ramsay's board considers the alternative proposal to be meaningfully inferior to the KKR's indicative proposal of $88.00/share.


Ramsay Keeps Door Ajar After KKR's "Meaningful Inferior" Offer