YP, Korea Zinc and YPP are in play. At a 85% discount to NAV, with the stake in KZ accounting for 524% of market cap, YP would be my bet, but illiquid. Enter KZ around here or below the Tender terms.
What is covered in the Full Insight:
Introduction
Ownership Background
Tender Offers Details
Strategic Implications
Market and Valuation Analysis
SUMMARY
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