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

Fully Disseting SK Rent A Car's Hybrid Tender Offer Disclosure, Whose Cash Offer at a 5.7% Spread

Quiddity Advisors

Event-Driven

<ul>
<li>Korean car rental play <strong><a href="https://www.smartkarma.com/entities/sk-rent-a-car-co-ltd" target="_blank" data-smartkarma-citation="entities:16236:1" rel="noopener">SK Rent A Car (068400 KS)</a></strong> has announced a Tender Offer from<strong><a href="https://www.smartkarma.com/entities/sk-networks-co-ltd" target="_blank" data-smartkarma-citation="entities:20578:1" rel="noopener"> SK Networks (001740 KS)</a></strong>, its largest shareholder with ~76%. </li>
<li>SK Rent shareholders have the option of receiving cash or SK Networks scrip. Appraisal rights are also afforded. </li>
<li>The shareholder vote is a lock. The current trade is the cash offer, which is trading tight to terms. </li>
</ul>


Korean car rental play SK Rent A Car (068400 KS) has announced a Tender Offer from SK Networks (001740 KS), its largest shareholder with ~76%. 
SK Rent shareholders have the option of receiving cash or SK Networks scrip. Appraisal rights are also afforded. 
The shareholder vote is a lock. The current trade is the cash offer, which is trading tight to terms. 


SK Rent A Car

SK Rent A Car: SK Networks' Tender Offer