Aeon and TSURUHA and Welcia have agreed to agree. Aeon buys Oasis' stock at a premium, TSURUHA gets the keys to the kingdom if it wants, but can delay for years. This is dead money for a while.
Boomeranged on Tue, 26 Mar 2024 10:16
The idea of holding the potential targets (Sundrug, Sugi, Cosmo, Kusuri no Aoki, Create SD, Ain, Nihon Chozai) against a short (or implied short) of Welcia and Tsuruha still has merit. The last two are smaller and cheaper, Sundrug/Kusuri no Aoki/Ain/CreateSD/Sugi probably have better OPMs than the others in a few years. And they are the targets while Tsuruha/Welcia are engaged.
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