This is my archive


ASIA FLASH: Disgruntled minorities should note Nord Anglia’s recent Cayman fair value judgement and keep an eye on Trina Solar

Shareholders aggrieved by this week’s perceived low-ball USD 56 per ADS (USD 8.4bn equity value) recommended take-private offer for Cayman registered [NYSE:WUBA] should concern themselves… Read More

Unilever restructuring seen as path to split of food and beverages

Unilever’s legal restructuring could clear the way for a split of the company’s food-and-beverages unit, with reasons including the need for growth and the greater… Read More

German public takeover rules protecting minorities increasingly invite event-driven interlopers – advisors

The rate of success for German public company takeovers has declined in recent years, in part due to the market becoming a playground for activist… Read More

Big Apple financing complicates Delaware merger litigation, attorneys say

Split legal jurisdictions governing merger agreements and debt commitment letters may pose a challenge for merger parties and lenders working through pending deals amid the… Read More

Molson Coors taps BofA for portfolio review, European asset sale tipped

Sale to kick off later this year or early 2021 Asahi and Carlsberg eyed as logical CEE suitors Comparable deals at 10x-plus EV/EBITDA multiples  … Read More

Asia Flash: Australian media leaks point to AMA and Peet as credible pre-event names

Investors and advisors who use media reports as part of their screening process to identify and evaluate Australian potential takeover targets should filter for articles… Read More

Asia Flash: Bank of East Asia – the upside is massive and something is going on

Shares in Hong Kong’s family owned Bank of East Asia (BEA) have jumped nearly 30% since the Financial Times’ Beijing correspondent Don Weinland reported on 2… Read More Lenders vie for up to USD 2bn loan mandate to finance take-private

Lenders are bidding for a mandate to arrange a loan financing of about USD 1.5bn to USD 2bn to help fund the proposed take-private of… Read More

Asia Flash: Effissimo may give Bain-backed Nichii Gakkan buyout bumpy ride amidst local and global nursing care consolidation

Shares in healthcare and education business Nichii Gakkan are trading above the JPY 1,500 p/s (JPY 98.8bn or USD 929.9m equity value) 8 May Bain Capital… Read More

Lite-On Semi/Diodes: SAMR issues all ironed out, companies on waiting mode, sources say

US-based Diodes Incorporated envisages no further issues with regard to getting clearance from China ‘s State Administration for Market Regulation (SAMR) for its TWD 42.5 per… Read More