This is a done deal. At the last close and for the 12 July payment, the gross and annualised spread is 2.2% and 17.3%, respectively.
What is covered in the Full Insight:
Scheme Vote
Deal Status
Shareholder Standings
IFA Evaluation
Offer Price Evaluation
Boomeranged on Wed, 29 May 2024 21:57
SciClone has received a letter of support from Pentwater Capital Management to vote YES. Pentwater represents 4.64% of out. shares and 8.51% of disinterested shares, close to the 10% blocking stake of 5.45% of the out. shares. This is a done deal. At the last close and for the 12 July payment, the gross and annualised spread is 2.6% and 23.7%, respectively.
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