bullish
Robotics+Bobcat Merger: Merger Ratio Revision Possibility & Arb Spread Recalculations
505 Views22 Jul 2024 18:36
This post explores the potential revision of the Doosan Robotics & Bobcat merger ratio and recalculates the resulting arb spread.
What is covered in the Full Insight:
- Introduction
- Market Concerns and Regulatory Scrutiny
- Merger Ratio Calculation
- Historical Precedents
- Trading Perspective and Conclusion
Boomeranged on Tue, 23 Jul 2024 11:20
On July 11, Bobcat announced an EGM on September 25 to address the merger approval and capital reduction. Initially, details about the capital reduction were unclear, and the market showed little interest due to minimal treasury shares (0.16%). Yesterday, Yonhap News reported that all shares subject to appraisal rights exercise would be cancelled. More details of this development in DISCUSSION.
SUMMARY
(Sign Up to Access)Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 5-minute read)
Discussions
(Paid Plans Only)
x