IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

Arun has over 15 years’ experience covering the Technology sector. During this time, he has worked with technology start-ups and as an equity analyst in investment banks and independent research firms. He was formerly a Technology Analyst for Canaccord Genuity, Altium Securities, Espirito Santo Investment Bank, Noble Group and Clear Capital. He has a dual Master’s degree in Financial Engineering and Industrial and Operations Engineering from the University of Michigan. He obtained his Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology, Bombay. He is also a CFA charterholder.

IPOs and Catalysts/Events

Seven&I (3382): Who Will Be the Greater Fool?

Seven & I Holdings (3382 JP): Evaluating the Potential MBO

Even in Japan, Significant Growth Potential for Seven Eleven and Other CVS

Seven & I Holdings (3382 JP): The Rumoured MBO Price Underscores the Trapped Value

7&I (3382) Ito Family MBO - New Urgency for ACT

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Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Event-Driven

<ul>
<li>
<a href="https://www3.nhk.or.jp/news/html/20241127/k10014650591000.html" target="_blank" rel="noopener">NHK reports</a> that <a href="https://www.smartkarma.com/entities/seven-i-holdings-co-ltd" target="_blank" data-smartkarma-citation="entities:1041:1" rel="noopener">Seven &amp; I Holdings (3382 JP)</a>'s first bidding round for a YORK Holdings stake ends on 28 November. The sale provides a third-party valuation benchmark for the asset. </li>
<li>It is an incremental positive for the founding family MBO as it supports the post-privatisation strategy and assists in securing bank financing.</li>
<li><span>This is an incremental negative for <a href="https://www.smartkarma.com/entities/alimentation-couche-tard-inc" target="_blank" rel="noopener">Alimentation Couche-Tard (ATD CN)</a> as it shows that the Board believes the restructuring plan will increase shareholder corporate value.  </span></li>
</ul>



NHK reports that Seven &amp; I Holdings (3382 JP)'s first bidding round for a YORK Holdings stake ends on 28 November. The sale provides a third-party valuation benchmark for the asset. 
It is an incremental positive for the founding family MBO as it supports the post-privatisation strategy and assists in securing bank financing.
This is an incremental negative for Alimentation Couche-Tard (ATD CN) as it shows that the Board believes the restructuring plan will increase shareholder corporate value.  


Seven & I Holdings (3382 JP): Implications from the YORK Holdings Stake Sale